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Landmark AI Power Agreement Sends Huge Signal for AMD Stock
['Aditya Raghunath', 'July', 'Min Read']
Yahoo Finance
The chipmaker is teaming up with Core Scientific (CORZ) to secure massive amounts of data-center capacity across the United States.
More News from BarchartWhy Data-Center Capacity Is a Hot AI CommodityAI demand has exploded faster than most predictions.
Su explained that agentic AI — meaning AI systems that complete multistep tasks on their own — is driving much of this growth.
A growing appetite for compute is precisely why AMD needs partners who can deliver ready-to-use data-center space quickly.
What the Core Scientific Deal IncludesAccording to a company statement, AMD will secure up to 2.5 gigawatts of data-center capacity from Core Scientific to support deployments of AMD's AI products.