AMD and Rackspace Sign Agreement for AMD-Powered AI Compute Deployment

Advanced Micro Devices (AMD) has signed a definitive agreement with Rackspace Technology (RXT) to deploy 30 megawatts of AMD-powered AI compute across global data centers from late 2026 through 2028. The partnership builds on an earlier MOU and positions AMD as the core chip provider for Rackspace's governed AI stack, supporting services like Enterprise AI Cloud and Inference as a Service.

By Ebube Jones Thu, June 18, 2026 at 5:16 PM GMT+3 4 min read · Yahoo Finance · June 18, 2026, 14:16 UTC

Tickers: $AMD

Topics: AI AMD Data Center Partnership Rackspace

Read the full article at Yahoo Finance

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