Rackspace Technology Hits Four-Year High Following AMD Cloud Computing Deal
Rackspace Technology (NASDAQ: RXT) reached a four-year high after announcing a new cloud computing deal with Advanced Micro Devices. The partnership involves the phased deployment of an initial 30 MW footprint using AMD-based compute across Rackspace's global data centers, starting late this year through 2028.
Tickers: $AMD
Topics: AI infrastructure AMD partnership cloud computing data centers