📢 𝗝𝗨𝗦𝗧 𝗜𝗡: AMD and Core Scientific Partner

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: AMD and Core Scientific Partner on AI Infrastructure With Up to 𝟮.𝟱 𝗚𝗶𝗴𝗮𝘄𝗮𝘁𝘁𝘀 of Capacity - $AMD(AMD.US) $Core Scientific, Inc.(CORZ.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝗠𝗗 and 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 announce a strategic AI infrastructure partnership.

➤ AMD secures more than 𝟱𝟬𝟬 𝗺𝗲𝗴𝗮𝘄𝗮𝘁𝘁𝘀 of U.S. AI-ready capacity starting in 𝟮𝟬𝟮𝟳.

➤ Partnership includes an option to expand capacity up to 𝟮.𝟱 𝗴𝗶𝗴𝗮𝘄𝗮𝘁𝘁𝘀.

➤ Infrastructure will support customer deployments of 𝗔𝗠𝗗 𝗔𝗜 solutions.

➤ Companies will collaborate on AI data center design and deployment.

➤ Deployment will feature 𝗔𝗠𝗗 𝗜𝗻𝘀𝘁𝗶𝗻𝗰𝘁 GPUs, 𝗘𝗣𝗬𝗖 CPUs, and 𝗥𝗢𝗖𝗺 software.

➤ AMD will receive market-priced warrants to purchase 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 common stock.

➤ Partnership expands AI infrastructure as demand for compute continues to accelerate.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Strengthens 𝗔𝗠𝗗's AI infrastructure ecosystem and cloud deployment capabilities.

➤ Expands available capacity for enterprises and cloud providers adopting AMD AI platforms.

➤ Positions 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 as a key AI data center infrastructure provider.

➤ Highlights growing competition with 𝗡𝗩𝗜𝗗𝗜𝗔 in AI compute infrastructure.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗠𝗮𝘁𝗵𝗲𝘄 𝗛𝗲𝗶𝗻, Senior Vice President and Chief Strategy Officer of Corporate Development at AMD:

"AI deployments are accelerating rapidly, and bringing that compute online requires trusted infrastructure partners with the scale and power to support the next era of AI. Core Scientific's extensive portfolio of AI-ready data centers expands access to the infrastructure our customers need to deploy AMD AI solutions at scale. Together, we are helping model builders, cloud providers and enterprises accelerate AI adoption while strengthening the AMD ecosystem.”

𝗔𝗱𝗮𝗺 𝗦𝘂𝗹𝗹𝗶𝘃𝗮𝗻, Chief Executive Officer of Core Scientific:

“We are proud to establish a strategic relationship with AMD and support the continued deployment of its next-generation products. Our proven execution capabilities and ability to deliver high-density infrastructure at scale position us to support AMD’s technology roadmap and grow our relationship meaningfully over time.”