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Rackspace Technology, Inc. (RXT) Discusses Phased Deploym...
SA Transcripts · 2026-06-16 · via All Articles on Seeking Alpha

Rackspace Technology, Inc. (RXT) Discusses Phased Deployment Agreement for AMD AI Compute and GPU-as-a-Service Collaboration June 16, 2026 8:30 AM EDT

Company Participants

Sagar Hebbar - Head of Investor Relations
Gajen Kandiah - CEO & Director
Mark Marino - Executive VP & CFO

Conference Call Participants

Kevin McVeigh - UBS Investment Bank, Research Division
David Paige Papadogonas - RBC Capital Markets, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to the Rackspace Investor Conference Call. [Operator Instructions] Please be advised today's conference is being recorded.

I would now like to turn the conference over to Sagar Hebbar, Head of Investor Relations. Please go ahead.

Sagar Hebbar
Head of Investor Relations

Good morning. I'm Sagar Hebbar, Head of Investor Relations. Joining me today are Gajen Kandiah, our Chief Executive Officer; and Mark Marino, our Chief Financial Officer.

As a reminder, certain comments we make on this call will be forward-looking. These statements involve risks and uncertainties, which could cause actual results to differ materially. A discussion of these risks and uncertainties is included in our SEC filings. Rackspace Technology assumes no obligation to update the information presented on the call, except as required by law.

In particular, our discussion today will include forward-looking statements regarding our recently announced definitive agreement with AMD, including, without limitation, the ability to dedicate, maintain and make available an aggregate of 30 megawatts of AMD products contemplated by the GPU-as-a-Service agreement, which may not be achieved in full or at all or may be achieved on a materially different time line. The anticipated benefits and performance of GPU and CPU compute deployments, the expected delivery of Enterprise AI Cloud, Enterprise Inference Engine, Inference-as-a-Service, and Bare Metal AMD Instinct capabilities, anticipated end customer demand, the expected commercial and financial benefits of the collaboration to each company and the parties' respective outlooks on the AI industry.