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IREN Limited (NASDAQ:IREN) stock is down 6% to $39.85 midday Wednesday, as traders trim exposure ahead of a busy earnings sequence for the AI hosting group. Meanwhile, Core Scientific (NASDAQ:CORZ) stock is down 4% to $17.40 in sympathy, marking a coordinated de-risk in two Bitcoin miners turned AI hosts. The Global X Data Center & […]
Core Scientific announced a $15 billion AI deal with AMD and a neocloud during its Q2 earnings, and Galaxy Digital has purchased a new site for a 74 MW AI…
Core Scientific (NASDAQ:CORZ) said it has entered a commercial partnership with AMD covering up to 2.5 gigawatts of data center capacity, beginning with approximately 530 megawatts across five campuses under 15-year agreements. Chief Executive Officer Adam Sullivan said the initial agreements repre
Core Scientific reached 1.1 GW of leased customer power and outlined an AMD partnership that could support 2.5 GW, while heavy construction spending and warrant accounting drove its quarterly results.
Shares of Bitcoin (CRYPTO: $BTC) miners tied to the artificial intelligence (A.I.) buildout are rising after chipma...
Moby summary of Core Scientific, Inc.'s Q1 2026 earnings call
Core Scientific (NASDAQ:CORZ) executives on Tuesday outlined progress in scaling the company’s high-density colocation business, detailed a major project financing tied to its CoreWeave contract, and discussed an expanding development pipeline aimed at delivering additional AI infrastructure capacit
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