AMD's $14 billion compute deal with Core Scientific is a lifeline for the neocloud

· Thestack · July 28, 2026, 5:22 p.m.
AMD core-scientific AMD core-scientific Cloud Computing GPUs
Summary
AMD has struck a $14 billion deal with Core Scientific to utilize 2.5GW of its computing capacity, aiming to boost demand for AMD's latest-generation GPUs, which is pivotal in the evolving cloud computing landscape.
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