Published Jul 30, 2026, 7:34 AM ET · Updated 3 months ago · 2 sources
THE BLOCK: Bernstein values Core Scientific's AMD partnership at $14B over 15 years, saying the chipmaker is acting as both tenant and credit backstop. AMD's warrants for 30M CORZ shares vest only if the partnership scales to 2.5 GW.
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Original Report
THE BLOCK: Bernstein values Core Scientific's AMD partnership at $14B over 15 years, saying the chipmaker is acting as both tenant and credit backstop. AMD's warrants for 30M CORZ shares vest only if the partnership scales to 2.5 GW.