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
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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.”