Global semiconductor giant Advanced Micro Devices Inc. will be the first tenant in a 200-acre data center being developed on a portion of the former Alcoa Corp. smelting site near Rockdale, about 60 miles northeast of Austin.
Developer Riot Platforms Inc., a Colorado-based cryptocurrency mining and data center company, announced the potential $1 billion lease and services agreement with AMD on Friday. The 10-year agreement is expected to generate $311 million in revenue and includes three five-year extension options.
The initial agreement calls for delivery of 2.5 megawatts beginning this month, with completion expected in May. The deal includes an option to expand capacity to as much as 200 megawatts…