Core Scientific has signed an AI infrastructure deal with AMD, under which the chip firm will secure up to 2.5 gigawatts of data center capacity to support customer deployments of its AI systems. The agreement provides AMD with over 500 megawatts of U.S. data center capacity starting in 2027, with the ability to expand up to 2.5 gigawatts. As part of the deal, AMD will also receive market-priced warrants to purchase Core Scientific common stock. Following the announcement, shares of Core Scientific rose 4% in premarket trading.