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Rackspace shares surge on new deal with AMD

Rackspace shares are surging following the announcement of a new deal with AMD, outperforming other AI stocks like Micron and Arm this year.

16 Jun, 14:39 — 16 Jun, 14:39
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Showing 1 of 2 sources
marketwatchMostly Factual62d ago

This little-known AI stock has beaten Micron and Arm this year, and now it’s extending its lead

Rackspace shares are surging Tuesday following a new deal with AMD.

By Hannah Pedone

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Coverage Timeline

First report: marketwatch · 16 Jun, 14:39Full coverage: 2 · 2hWindow: 2h
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marketwatch16 Jun, 14:39First to report

This little-known AI stock has beaten Micron and Arm this year, and now it’s extending its lead

2h later
bloomberg16 Jun, 16:13Latest update

Apollo-Backed Rackspace Loan Jumps on AMD Data Center Deal - Bloomberg

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