The broader market remains intensely fixated on public hyperscalers hoarding silicon to build massive, general-purpose artificial intelligence models. Look one layer deeper into the physical economy,
The broader market remains intensely fixated on public hyperscalers hoarding silicon to build massive, general-purpose artificial intelligence models. Look one layer deeper into the physical economy,
At $7.53, Rackspace Technology (NASDAQ:RXT) is a Hold, with an aggressive Buy trigger if a macro panic drags shares back to $5.00.
Rackspace Technology Inc. (NASDAQ:RXT) is getting back into the good graces of investors.

Why Rackspace Rallied Today

04:14pm, Tuesday, 16'th Jun 2026
Rackspace announced a deployment of AMD AI chips up to 30 MW through 2028. The company also announced a 15% workforce reduction.
Rackspace Technology, Inc. (RXT) Discusses Phased Deployment Agreement for AMD AI Compute and GPU-as-a-Service Collaboration Transcript
Shares of a little-known cloud-computing company that has been striking big deals with tech giants have been on a tear this year. And a new deal with Advanced Micro Devices is furthering that notable
Shares of Rackspace Technology RXT climbed about 16% in trading on Tuesday after the cloud services provider announced a major infrastructure agreement with Advanced Micro Devices and announced a 15%
Rackspace Technology strikes a deal with Advanced Micro Devices to use AMD chips in its AI data centers.
SANTA CLARA, Calif. and SAN ANTONIO, June 16, 2026 (GLOBE NEWSWIRE) -- AMD (NASDAQ: AMD) and Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today
Chief Human Resources Officer Kellie Teal-Guess sold 33,966 shares for a total transaction value of ~$189,000 at a weighted average price around $5.56 per share on June 4, 2026. The transaction reduce
The most important chart on Wall Street right now isn't Nvidia Corp. (NASDAQ: NVDA) or Micron Technology Inc.
Rackspace is pivoting to high-margin, managed AI cloud services through partnerships with Palantir and AMD, targeting regulated industries. RXT's asset-light strategy avoids large capex, focusing on e
Rackspace Technology (NASDAQ:RXT) has established a regional headquarters in Riyadh as the cloud-services company moves to accelerate its cloud and artificial intelligence growth in the Middle East. T
RIYADH, Saudi Arabia, June 08, 2026 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a global enterprise AI infrastructure and solutions provider, today announced the establishment of its reg
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