US Stock Market Move | Signed a data center leasing agreement with AMD (AMD.US), Riot Platforms (RIOT.US) surged over 7% in pre-market trading.

On Friday, Riot Platforms (RIOT.US) stock price rose in pre-market trading, as of the time of writing, the stock had risen by over 7%, reaching $17.75. On the news front, the company has signed a data center leasing agreement with AMD (AMD.US) in Rockdale, including deployment of an initial 25 megawatt capacity. The deal includes potential expansion to up to 200 megawatts. The transaction is expected to bring in $311 million in contract revenue.