Advanced Micro Devices (AMD) partnered with data center provider Core Scientific to secure infrastructure for artificial intelligence solutions. The agreement provides AMD with an initial 500 megawatts of U.S. data center capacity. This infrastructure is scheduled to become available starting in 2027. The partnership includes an option to expand total capacity up to 2.5 gigawatts.
AMD will deploy its Instinct GPUs, EPYC CPUs, and ROCm software within Core Scientific facilities. This collaboration aims to scale AI application deployment for AMD customers. AMD will also receive warrants to purchase Core Scientific common stock under specific conditions.
Core Scientific shares rose following the announcement. AMD shares declined in pre-market trading amid a broader technology sector selloff.