AMD and Core Scientific partner for $14 billion over multiple years, pairing AMD's MI-series GPUs with Core Scientific's 2.5 GW compute platform and customer base.

Core Scientific has inked a 15-year, $14 billion infrastructure partnership with AMD, marking a significant milestone in the shift toward AI-driven computing. The arrangement demonstrates that AI infrastructure is emerging as a more lucrative business opportunity than Bitcoin mining—a reversal of priorities that reflects the rapidly evolving technology landscape.

The deal underscores how both semiconductor suppliers and infrastructure operators are repositioning themselves to capture the outsized value flowing through AI compute, moving beyond the cryptocurrency mining operations that dominated the previous cycle.