Bernstein Values AMD Core Scientific Partnership at $14 Billion Over 15 Years

aiai-infrastructureai-compute-chipsbusiness 3 posts · 3 accounts

Bernstein analysts valued a 15-year partnership between AMD and Core Scientific at $14 billion, noting the chipmaker is acting as both a tenant and credit backstop for the project's initial 377 MW capacity.

The valuation assumes further expansion, as the note indicates AMD's warrants for 30M Core Scientific shares will only vest once the partnership scales to 2.5 GW.

From the sources (3 posts)

@theblockco

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. https

@msbintel

BREAKING: Bernstein values Core Scientific's AMD partnership at $14B over 15 years with 377 MW capacity.

@blckchaindaily

🚨 BERNSTEIN VALUES CORE SCIENTIFIC $CORZ $AMD PARTNERSHIP AT $14B OVER 15 YEARS, SAYS AMD ACTING AS TENANT AND CREDIT BACKSTOP

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