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AMD Expands AI Data-Center Reach via Core Scientific Mega-Deal

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The Story

News Summary

  • AMD secured 15-year data-center leasing agreements with Core Scientific for 529MW (potentially 2.5GW) of AI infrastructure capacity starting 2027, strengthening its ecosystem versus Nvidia.
  • Deal includes warrants for CORZ shares, signaling AMD's expanding AI infrastructure footprint despite execution and financing uncertainties.
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AMD price history

512.50 +135.60% over the displayed period

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