AMD infrastructure partnership
Company: Core Scientific
The claim, verbatim
Announced in 2026 large-scale infrastructure partnership with AMD supporting up to approximately 2.5 GW of leasable capacity. Signed 15-year agreements covering five projects and approximately 529 MW, representing more than $14 billion in potential base contract revenue. AMD received reservation rights for approximately 1.925 GW of additional capacity and warrants to purchase up to 30 million shares at exercise price of $23.47 per share.
Source (primary)
The Core Scientific Case: How Did a Bankrupt Bitcoin Miner Suddenly Strike It Rich? - Substack (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “In 2026, Core Scientific announced a large-scale infrastructure partnership with AMD. According to the disclosures accompanying Core Scientific's second-quarter 2026 results, the partnership could ultimately support up to approximately 2.5 GW of leasable capacity. Signed 15-year agreements covered five projects and approximately 529 MW, representing more than $14 billion in potential base contract revenue. In addition to the contracted capacity, AMD received reservation rights for approximately 1.925 GW of additional capacity. As part of the partnership, AMD received warrants to purchase up to 30 million shares of Core Scientific common stock at an exercise price of $23.47 per share.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
All assertions—the 2.5 GW ceiling, 15-year agreements, five projects, 529 MW, $14 billion, 1.925 GW reservation rights, and the 30 million warrants at $23.47—are stated in the document.
Confirmed in the source:
- Core Scientific announced a large-scale infrastructure partnership with AMD in 2026
- The partnership could ultimately support up to approximately 2.5 GW of leasable capacity
- Signed 15-year agreements covered five projects and approximately 529 MW
- The signed agreements represented more than $14 billion in potential base contract revenue
- AMD received reservation rights for approximately 1.925 GW of additional capacity
- AMD received warrants to purchase up to 30 million shares of Core Scientific common stock at an exercise price of $23.47 per share
What we did: Read our cached copy of the publisher (https://wublock.substack.com/p/the-core-scientific-case-how-did) in full (19,853 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms The Core Scientific Case: How Did a Bankrupt Bitcoin Miner Suddenly Strike It Rich? - Substack
Quote: “In 2026, Core Scientific announced a large-scale infrastructure partnership with AMD. According to the disclosures accompanying Core Scientific's second-quarter 2026 results, the partnership could ultimately support up to approximately 2.5 GW of leasable capacity. Signed 15-year agreements covered five projects and approximately 529 MW, representing more than $14 billion in potential base contract revenue. In addition to the contracted capacity, AMD received reservation rights for approximately 1.925 GW of additional capacity. As part of the partnership, AMD received warrants to purchase up to 30 million shares of Core Scientific common stock at an exercise price of $23.47 per share.”