Core Scientific signs 2.5 GW AMD AI deal as CORZ falls
Core Scientific signs 2.5 GW AMD AI deal as CORZ falls
AMD secured access to up to 2.5 GW of data center capacity beginning next year.Core Scientific and AMD will deploy Instinct GPUs, EPYC CPUs, and ROCm software.CORZ fell more than 4% after reversing a gain of over 5% in premarket trading.AMD will receive market-priced warrants to purchase Core Scientific shares under certain conditions.