Mon, Jul 27, 2026
Core Scientific signs AMD and Neocloud leases for 529 megawatts
Key points
- AMD: 377MW across Pecos/Muskogee/Hunt County (15-yr + three 5-yr options), plus a reservation right on 1,925MW more through Dec 2028
- Neocloud (undisclosed tenant): 152MW across Auburn AL and Dalton Phase 3
- Combined ~$14B potential base contracted revenue across 5 sites; AMD received a warrant for up to 30M shares
Deal
Undisclosed customerJul 2026
SiteAuburn, Dalton (Phase 3)
Contracted capacity152 MW
Contract value$4.02B
Duration15 years + three 5-year extension options