Core Scientific Stock Jumps on AMD Data-Center Deal -- WSJ
Dow Jones2026/07/28 12:06By WSJ Staff
Shares in AI infrastructure provider Core Scientific jumped around 5% in premarket trading after it announced a deal with chip maker AMD.
The deal's initial phase would see AMD use 500 megawatts of Core Scientific data-center capacity by 2027. The data centers would contain AMD chips used by the chip maker's end-use customers. The total deal could eventually grow to 2.5 gigawatts of capacity.
AMD will receive an unspecified number of "market price warrants" to buy Core Scientific stock. AMD's shares slumped about 5% in premarket trading.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 28, 2026 08:06 ET (12:06 GMT)
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