Core Scientific rises after AMD deal for data center capacity

Core Scientific

28/07/2026 13:22

** Shares of U.S. data center firm Core Scientific CORZ.O rise 4.9% to $21.75 premarket
** Co announces deal with AMD AMD.O to provide up to 2.5 gigawatts of data center capacity
** AMD to access more than 500 megawatts of AI-ready capacity starting in 2027, expandable to 2.5 GW
** Companies to collaborate on data center infrastructure design and deployment of AMD AI chips and software
** Up to last close, CORZ stock up 42.46% YTD  

(Reporting by Anzar Mehraj in Bengaluru)
((Anzar.Mehraj@thomsonreuters.com;))