Bitcoin miners’ pivot into artificial intelligence and high-performance computing (HPC) is reshaping their business models, but investors are no longer rewarding new infrastructure deals with the same enthusiasm they once did, suggesting the market has become more discerning as AI hosting strategie…
Advanced Micro Devices NASDAQ:AMD, a semiconductor company producing processors and artificial-intelligence accelerators, soared approximately 12.7% in Thursday's regular-session trading as AI-chip stocks rebounded following Microsoft's stronger cloud results. The Philadelphia Semiconductor Index a…
Shares of Core Scientific (CORZ) gained in pre-market trade on Wednesday after analysts raised their price targets following the company's new AI infrastructure partnership with Advanced Micro Devices (AMD), even after the stock finished flat in the previous session.Needham raised its price target…
Core Scientific appointed Mark W. Adams to its Board of Directors, effective July 29, 2026.Original SEC Filing: Core Scientific, Inc./tx [ CORZ ] - 8-K - Jul. 29, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note th…
Announced a landmark 15-year, $14B+ partnership with AMD for 530 MW of data center capacity, expanding to 2.5 GW. Q2 saw $137M in colocation revenue and 437 MW billable capacity, with strong liquidity and disciplined capital deployment supporting further growth.Based on Core Scientific, Inc. [CORZ…
Announced a $14B+, 15-year partnership with AMD for 530 MW of AI data center capacity, with exclusive rights for up to 2 GW more. Q2 colocation revenue surged to $137M, and the company now has $1.8B in liquidity. Build costs are $11–$12M/MW, with strong demand and robust growth pipeline.Based on Co…
Core Scientific, Inc. (NASDAQ: CORZ), a leader in digital infrastructure for high-density colocation services (“HDC”), today announced financial results for the second quarter ended June 30, 2026.Recent Business DevelopmentsFinancial Summary and Operating Metrics (in millions, except billing megawa…
Bitcoin (BTC) miners expanding into AI and high-performance computing (HPC) infrastructure saw a fresh round of Wall Street rating changes on Monday, with Core Scientific (CORZ) emerging as the only company to receive a downgrade in an otherwise largely constructive outlook ahead of second-quarter…
Bernstein reportedly said on Wednesday that Core Scientific's (CORZ) eye-catching 75% return on assets from its CoreWeave (CRWV) deal wasn’t a template other Bitcoin (BTC) miners could replicate.Bernstein used a valuation method typically applied to data center landlords to gauge how Bitcoin miners…
Several publicly traded Bitcoin miners have enjoyed sharp stock re-ratings after pivoting toward AI infrastructure, but investors are increasingly questioning whether insiders and major shareholders capitalized on the rally before the sector cooled, raising fresh governance concerns, according to B…
