AMD & Core Scientific Announce $14B AI Data Center Deal

Core Scientific and AMD announced a strategic AI infrastructure partnership on Tuesday covering more than 500 MW of US data center capacity beginning in 2027. AMD holds an option to expand to as much as 2.5 GW, though the companies did not say that additional capacity had been ordered or provide a timetable for reaching it.

Under the agreement, the companies will jointly design physical infrastructure and deploy AMD Instinct accelerators, EPYC server processors and the ROCm software stack for AI workloads. The capacity is meant to serve customers deploying AMD products, not AMD's own computing needs.

AMD-Core Scientific Partnership at a Glance

Feature	Details
Initial capacity	500+ MW across US facilities
Expansion option	Up to 2.5 GW (no timetable disclosed)
Technology deployed	AMD Instinct GPUs, EPYC CPUs, ROCm software
Infrastructure design	Joint collaboration on facility design
Target customers	Model builders, cloud providers and enterprises using AMD products
Equity component	Market-priced Core Scientific warrants issued to AMD
Start date	2027

What the Deal Does and Doesn't Include

The companies did not identify any customers, cloud platforms or AI models expected to use the capacity, nor did they specify which versions of AMD's Instinct, EPYC or ROCm products will be deployed.

The agreement is structured as a strategic infrastructure relationship rather than a purchase order for a specified number of processors or accelerators. It lacks site-level allocations, construction costs, lease rates and specific revenue projections. Actual deployment will depend on construction progress and the commercial conditions governing future capacity.

AMD cited supply chain constraints, competition, export controls and software-hardware compatibility as factors that could affect the partnership's expected benefits.

Core Scientific's Pivot From Bitcoin Mining to AI

Core Scientific runs purpose-built data centers for high-density colocation and still earns bitcoin through its own mining operations and hosting services.

The company said the bulk of its revenue now comes from high-density colocation services, and it is repurposing the rest of its mining facilities as circumstances allow. Its portfolio spans 11 facilities across seven states.

Core Scientific had already announced a major Texas expansion before the AMD deal. In April, the company said its Pecos campus could reach about 1.5 GW of gross power and 1 GW of leasable capacity. The site had 300 MW of gross capacity supporting bitcoin mining and was being converted into an AI data center campus, with the first capacity expected to become available in early 2027 — matching the stated starting year for the AMD partnership.

"Our proven execution capabilities and ability to deliver high-density infrastructure at scale position us to support AMD's technology roadmap and grow our relationship meaningfully over time," Core Scientific CEO Adam Sullivan said.