# Riot Platforms (RIOT) shares jumped about 8% on Friday after Advanced Micro Devices (AMD) expanded its capacity at the company’s Rockdale, Texas campus.

*semiconductor · news · 2026-05-01 · CoinDesk*

## Key points

- AMD doubled its contracted capacity at Riot’s Rockdale, Texas campus to 50 megawatts.
- The AMD agreement could generate roughly $636 million in revenue for Riot over 10 years.
- Riot improved its $200 million bitcoin-backed credit facility rate with Coinbase from 8.3% to 6.15%.
- Riot's initial data center revenue reached $33.2 million in Q1, while mining revenue declined.

**Companies:** Advanced Micro Devices, Riot Platforms
**Countries:** United States

[Read the full story on CoinDesk](https://www.coindesk.com/markets/2026/05/01/bitcoin-miner-riot-s-shares-jump-8-after-expanding-amd-data-center-deal-signaling-ai-pivot)

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