AMD partners with Core Scientific for AI data center capacity

Advanced Micro Devices (AMD) has signed a partnership agreement with Core Scientific to secure up to 2.5 gigawatts of AI-ready data center capacity, supporting AMD's expansion in the growing artificial intelligence market. The deal will grant AMD access to over 500 megawatts starting in 2027, which can be expanded as needed for its customers deploying AI systems. Core Scientific is transitioning from cryptocurrency hosting toward AI and high-performance computing workloads. As part of the agreement, AMD will receive market-priced warrants to purchase Core Scientific stock under certain conditions, though financial terms were not disclosed. The partnership also includes collaboration on infrastructure design and deployment of AMD's chips and software solutions for data centers.

By Reuters Tue, July 28, 2026 at 2:08 PM GMT+3 1 min read · Yahoo Finance ·

AMD partners with Core Scientific for AI data center capacity

Tickers: $AMD $CORZ

Topics: AI AMD Core Scientific data centers

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