Bernstein pegs Core Scientific’s AMD partnership at $14 billion in revenue over 15 years, structured as a 377-megawatt direct lease to AMD plus a 152-megawatt neocloud lease that AMD is backstopping with credit support.AMD’s warrants let it buy 30 million Core Scientific shares at $23.47 apiece, vesting only if the partnership scales to its full 2.5-gigawatt potential.