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Core Scientific signs 15-year AMD AI data center deal for 529 MW
The partnership could exceed $14 billion in base contracted revenue and adds AMD rights to reserve up to 1.9 GW more through 2028.
Core Scientific said it signed a 15-year infrastructure partnership with Advanced Micro Devices for 529 megawatts of U.S. AI data center capacity, with the company estimating it could generate more than $14 billion in base contracted revenue, according to CoinDesk.
The deal gives AMD rights, under certain conditions, to reserve an additional 1,925 MW through Dec. 28, 2028, expanding the potential total to roughly 2.5 gigawatts. AMD customer deployments supported by the capacity are expected to begin in 2027.
Core Scientific said AMD directly leased 377 MW across its sites in Pecos and Hunt County, Texas, and Muskogee, Oklahoma. An unnamed cloud provider leased another 152 MW in Auburn, Alabama, and Dalton, Georgia, under AMD-supported agreements.
The agreement is tied to Core Scientific’s broader pivot away from bitcoin mining. CoinDesk reports colocation generated $136.7 million, or 83% of Core Scientific’s $164.2 million second-quarter revenue, while self-mining revenue fell 66% to $21.5 million, and the company recorded a $41.9 million charge after terminating its Block bitcoin mining chip agreement.
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