Advanced Micro Devices, Inc. is trading 2.1% up at $78175.00 after investors reacted to a newly finalized AI compute infrastructure agreement with Rackspace.

  • The deal involves a phased deployment of 30 MW of AMD-powered AI compute across Rackspace data centers, significantly reinforcing the company's position in AI infrastructure.
  • The stock is showing clear relative strength and a company-specific catalyst as broader technology indices continue to trade mixed.