AMD + Neocloud ~530 MW lease with expansion potential
Company: Core Scientific
The claim, verbatim
AMD + Neocloud Phase 1 deal covers ~530 MW leased power, with expansion opportunities (~385 MW and ~1,540 MW leasable) potentially bringing customer contracted capacity above 3 GW.
Source (primary)
Second Quarter Fiscal Year 2026 Earnings Presentation (IR page (investors.corescientific.com), ir_presentation)
View cached copy (2026-10-16)Live source ↗Archive.org ↗
Quote: “Significant expansion potential through the AMD relationship for over 3 GW of customer contracted capacity”
How we checked this
Checked on October 17, 2026. The cited source supports every part of this claim.
The capacity slide shows ~530 MW leased for the AMD + Neocloud Phase 1 deal, plus ~385 MW and ~1,540 MW of leasable AMD expansion opportunities, toward over 3 GW of contracted capacity.
Confirmed in the source:
- AMD + Neocloud Phase 1 initial deal covers ~530 MW of leased power
- AMD expansion opportunities include ~385 MW of leasable additional grid power
- AMD expansion opportunities include ~1,540 MW of leasable load study and behind-the-meter power
- The AMD relationship offers expansion potential to over 3 GW of customer contracted capacity
What we did: Read our cached copy of IR page (investors.corescientific.com) (https://d1io3yog0oux5.cloudfront.net/_b76ddaa46c59e7a64138659274ff5f32/corescientific/db/1066/11282/pdf/Q2+FY26+earnings+deck+7.28+AM.pdf) in full (12,585 characters, retrieved October 16, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Second Quarter Fiscal Year 2026 Earnings Presentation
Quote: “Significant expansion potential through the AMD relationship for over 3 GW of customer contracted capacity”