Core Scientific Signs AI Data Center Deal With AMD Amid Shift From Bitcoin Mining

Core Scientific has signed a major deal with chipmaker AMD to lease its AI infrastructure starting next year as the company pivots from Bitcoin mining

OttoTrader publishedJul 28, 2026, 2:08 PM

Original source timeJul 28, 2026, 1:52 PM

UpdatedJul 28, 2026, 2:08 PM

Source publicationCoinGape

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Brief context

The part worth checking first.

What changed

The setup

Core Scientific has signed a major deal with chipmaker AMD to lease its AI infrastructure starting next year as the company pivots from Bitcoin mining The CORZ stock climbed on the back of this deal, which could also see AMD purchase the miner’s common stock Ad Ad Core Scientific Signs Deal To Lease AI Infrastructure The post Core Scientific Signs AI Data Center Deal With AMD Amid Shift From Bitcoin Mining appeared first on CoinGape

Why it matters

Trader relevance

Market context around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is core Scientific has signed a major deal with chipmaker AMD to lease its AI infrastructure starting next year as the company pivots from Bitcoin mining

Trading lens

How to use it

Use this as watchful context from coingape.com. Watch whether the CORZ stock climbed on the back of this deal, which could also see AMD purchase the miner’s common stock confirms momentum, invalidates active bias, or changes timing.

Assets

BTC

Source: CoinGape on coingape.com.

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