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Form 8-K · Current Report · Filed 2026-07-28

Core Scientific and AMD Announce Strategic Infrastructure Partnership

Core Scientific, Inc. and Advanced Micro Devices, Inc. (AMD) have announced a strategic partnership to expand AMD's access to AI-ready infrastructure. As part of the agreement, Core Scientific will lease data center capacity to AMD, starting with over 500 megawatts in 2027, with the potential to scale up to 2.5 gigawatts. The partnership also includes the issuance of warrants to AMD to purchase Core Scientific's common stock. This collaboration aims to support the growing demand for AMD's AI solutions and enhance the AMD ecosystem.

Filer
Core Scientific Inc. CORZ · NASDAQ
Filed
Accession
0001839341-26-000012
CIK
0001839341
Signal
Medium impactTechnology

Items reported

Item events

Reported Item

Strategic Partnership New Major Contract

Market reaction

Close before filing

$20.74

Next session

-12.6%

Since filing

-0.1%

Latest close

$20.72

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from CORZ reporting the same item, with the next session's move:

Insider tape

Within 45 days of this filing, CORZ insiders reported 18 Form 4 transactions — net selling of $2.8M.

Full CORZ insider history →

About Core Scientific Inc.

Core Scientific Inc. is a leading provider of blockchain infrastructure and artificial intelligence-related services and solutions. This dynamic company primarily focuses on the development of high-performance data centers designed to support digital asset mining and blockchain networks. The firm operates vast and sophisticated facilities that offer hosting services, providing clients with the necessary infrastructure to mine cryptocurrencies, including Bitcoin. Core Scientific Inc. is deeply embedded within the technology and financial sectors, leveraging advanced computing environments that enable scalable, secure, and efficient processing of blockchain transactions. Founded on the principles of innovation and operational excellence, Core Scientific has positioned itself as a significant player in the growth of blockchain technology, impacting how digital currencies are mined and managed. Its role in the financial markets includes supporting the decentralized finance ecosystem and contributing to the broader adoption of cryptocurrencies by enhancing the technical framework required for their operation and legitimacy.

Exchange NASDAQ Industry Software - Infrastructure Company website ↗

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