AMD's infra deal reinforces Core Scientific's shift from Bitcoin mining to AI data centers with >$24 billion in potential contracts.
For years, Core Scientific Inc.
(NASDAQ:CORZ) traded as one of Wall Street's largest publicly listed Bitcoin (CRYPTO:$BTC) miners.
Tuesday's earnings report suggests investors may need to stop thinking about it that way.
The headline announcement was a new long-term infrastructure partnership with Advanced Micro Devices Inc.
(NASDAQ:AMD), but the bigger story is what that partnership says about Core Scientific's business.
Core Scientific partners with AMD to enhance compute capacity with 2.5 gigawatt deal
Core Scientific lands AMD AI deal as bitcoin mining operation winds down
Core Scientific partners with AMD for 500 MW AI data center deal, gets warrants for 30 million CORZ shares
Core Scientific ties its AI pivot to AMD in multi-gigawatt infrastructure deal
Core Scientific pivots to AMD with 2.5GW AI data-centre pact months after CoreWeave deal collapsed
AMD signs AI data center deal with Core Scientific
Core Scientific posts $164 million revenue as colocation growth accelerates
AMD gets up to 2.5GW of compute for AI from Core Scientific under new agreement
Core Scientific signs AI infrastructure deal with AMD
Core Scientific increases Bitcoin holdings by 301 BTC to 848 BTC
Core Scientific partners with AMD in a deal giving the chipmaker access to 2.5 gigawatts of AI compute capacity, with equity…
The deal accelerates Core Scientific’s pivot from bitcoin mining toward AI data centers, following the termination of its ASIC…
Core Scientific partners with AMD on a 500 MW AI data center deal scalable to 2.5 GW, with AMD receiving warrants for up to 30…
Core Scientific and AMD partner on 500 MW of U.S. AI data-center capacity from 2027, scalable to 2.5 GW, with warrants to buy…
Core Scientific has signed a data-centre deal with AMD that could reach 2.5GW, nine months after shareholders rejected a $9bn…
July 28 : AMD on Tuesday signed a deal with Core Scientific to secure up to 2.5 gigawatts of data center capacity as the chip…
