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AMD (AMD) Stock: Drops 6% as Core Scientific Partnership Secures Up to 2.5 GW for AI Expansion

By Yasmin Werner at 2026-10-13 23:38

Sentiment: Positive

TLDR AMD stock fell 6.7% after announcing the Core Scientific AI partnership. Core Scientific will provide up to 2.5 GW of AI data center capacity. Initial AI infrastructure deployments are scheduled to begin during 2027. AMD will receive warrants to purchase Core Scientific common stock. The partnership strengthens AMD’s long-term AI infrastructure expansion plans. Advanced [...] The post AMD (AMD) Stock: Drops 6% as Core Scientific Partnership Secures Up to 2.5 GW for AI Expansion appeared first on CoinCentral. Continue reading...

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