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AMD and Core Scientific expand AI chip infrastructure partnership to 2.5 GW
The deal begins with more than 500 MW of U.S. data center capacity in 2027 and is supported by 15-year agreements covering about 530 MW across five sites.
Advanced Micro Devices and Core Scientific announced an AI infrastructure partnership on July 28 that starts with more than 500 megawatts of U.S. data center capacity in 2027 and could expand to 2.5 gigawatts, depending on deployment progress.
The companies said the commercial link reflects a key bottleneck for AI accelerators, which require energized land, high-density cooling, networking, and purpose-built buildings before chip demand can translate into revenue. Core Scientific will supply the infrastructure, while the parties will jointly design facilities around AMD Instinct GPUs, EPYC CPUs, and ROCm software.
AMD said it will receive market-priced warrants to buy Core Scientific common stock, with terms subject to commercial conditions. Core Scientific characterized the arrangement as anchored by 15-year agreements for about 530 MW across five sites and more than $14 billion of potential base contracted revenue, while noting that its estimate is not recognized revenue and the partnership discloses no GPU-purchase commitment.
For Core Scientific, the partnership is positioned as a way to monetize power and converted sites through high-density colocation tied to AMD-linked customer installations. The article also notes the relationship comes after shareholders rejected a proposed all-stock sale to CoreWeave in October 2025, with that merger terminated, and it highlights delivery risk tied to capital spending and schedule and demand uncertainty.