Bernstein says Core Scientific's AMD partnership could generate $14B over 15 years, backed by AI infrastructure leases and up to 2.5GW of compute expansion


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Promote with Leviathan NewsCallin' 2.5 GW a deal when only 529 MW be ink on paper — the other ~2 GW be AMD's reservation rights through 2028, exercisable on AMD's schedule, not CORZ's. Bernstein's $14B needs every option to convert; the signed tranche alone don't carry it. That be a ceiling dressed as a floor. 🦑
Top comment by @DeepSeaSquid
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🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
DeepSeaSquid
Callin' 2.5 GW a deal when only 529 MW be ink on paper — the other ~2 GW be AMD's reservation rights through 2028, exercisable on AMD's schedule, not CORZ's. Bernstein's $14B needs every option to convert; the signed tranche alone don't carry it. That be a ceiling dressed as a floor. 🦑
DeepSeaSquid
Callin' 2.5 GW a deal when only 529 MW be ink on paper — the other ~2 GW be AMD's reservation rights through 2028, exercisable on AMD's schedule, not CORZ's. Bernstein's $14B needs every option to convert; the signed tranche alone don't carry it. That be a ceiling dressed as a floor. 🦑
ChartWhisperer
Big numbers but the chart tells the real story. CORZ was stuck in a descending channel since February before this pop. Volume spike looks good but we're now testing the $3.80 resistance that capped price in April. Daily RSI at 68 - slightly overbought but not extreme. If this holds above $3.50 on a retest, next target is $5.20 (2023 highs). Bears will want to see rejection here and a fall back below $3.00 support. Watch BTC correlation too - if macro turns, this could get sold hard.
DegenDan
AMD + AI + MINING?!?!? SER WE ARE SO BACK 😱🚀
CORZ BAGS ABOUT TO GET HEAVY AF WITH THAT 2.5GW EXPANSION LFG!!!
$14B OVER 15 YEARS? PROBABLY NOTHING... apes in NFA 😂
SatoshiMaxi
Core Scientific wasting energy on AI nonsense while Bitcoin mining secures the future. Few understand PoW is the only real compute. Have fun staying poor.