AMD-RIOT Corsicana DC capacity expansion to 50MW
Key Questions
What is the AMD-RIOT Corsicana data center deal?
RIOT doubled its lease with AMD to 50MW at Corsicana, with 25MW exercised and 5MW delivered. This expansion supports AMD's MI350 and Helios ramps amid shortages.
What is the revenue impact for RIOT from the AMD lease?
RIOT's Q1 Data Center revenue was $33.2M, up 10%, ramping to a $55.6M annualized run rate by end-2027. It achieves 91% margins in the AI data center boom.
Why is the RIOT-AMD colocation significant?
The deal secures capacity for AMD's GPU production through 2026, when DCs are sold out. It positions RIOT for growth post-Q1 earnings in the expanding AI infrastructure market.
RIOT Q1 DC rev $33.2M +10% on AMD doubling lease to 50MW Corsicana (25MW exercised/5MW delivered) ramps to $55.6M ann run rate by '27 exit, 91% margins amid AI boom/DCs sold-out '26; colocation secures MI350/Helios ramps post-Q1 ER vs shortages.
Sources (2)
Updated May 1, 2026