Core Scientific up, plans to boost Texas data center capacity to 1.5 gigawatt

Core Scientific

27/04/2026 12:29

** Shares of Core Scientific CORZ.O up 0.3% at $20.95 in volatile premarket trading

** CORZ plans to expand its Pecos, Texas campus to 1.5 gigawatts of gross power, or about 1 GW of leasable power

** Earlier this year, CORZ began transforming its Pecos campus, where 300 megawatts of gross power capacity is currently used for bitcoin mining, into a data center campus for AI infrastructure

** Co says it has secured an additional 300 megawatts of gross power capacity under contract with its utility provider and secured more than 200 acres of land

** As of last close, stock was up ~43% this year

 (Reporting by Jaspreet Singh in Bengaluru)

 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))