AMD Signs Definitive Agreement with Rackspace Technology

Advanced Micro Devices (NASDAQ:AMD) has signed a definitive agreement with Rackspace Technology to deploy an initial 30 MW footprint of AMD-based compute solutions across global data centers from late 2026 through 2028. The deal operationalizes their May 7 Memorandum of Understanding and positions AMD as the strategic silicon partner for Rackspace's governed AI stack.

By Bob Karr Thu, June 25, 2026 at 11:19 AM GMT+3 2 min read · Yahoo Finance · June 25, 2026, 08:19 UTC

Tickers: $AMD

Topics: AI Cloud Computing Data Centers Semiconductors

Read the full article at Yahoo Finance

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