Core Scientific rises after AMD deal for data center capacity
CORZ•Core Scientific rises after AMD data center capacity deal
** Shares of U.S. data center firm Core Scientific CORZ.O rose 4.9% to $21.75 in premarket trading.
CORZ•CORZ•CORZ•** Shares of U.S. data center firm Core Scientific CORZ.O rose 4.9% to $21.75 in premarket trading.
** The company announced a deal with AMD AMD.O to provide up to 2.5 gigawatts of data center capacity.
** AMD will access more than 500 megawatts of AI-ready capacity starting in 2027, expandable to 2.5 GW.
** The companies will collaborate on data center infrastructure design and deployment of AMD AI chips and software.
** Up to the last close, CORZ stock was up 42.46% year to date.
