Core Scientifc - CW29

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $Core Scientific, Inc.(CORZ.US) Core Scientific Completes $444 Million Polaris Acquisition, Securing 440 MW of Power

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 completes its acquisition of 𝗣𝗼𝗹𝗮𝗿𝗶𝘀 𝗗𝗦 𝗟𝗟𝗖.

➤ Acquisition price totaled approximately $𝟰𝟰𝟰 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in cash.

➤ Deal secures approximately 𝟰𝟰𝟬 𝗠𝗪 of grid-connected power capacity.

➤ Power is supplied under existing agreements with 𝗢𝗸𝗹𝗮𝗵𝗼𝗺𝗮 𝗚𝗮𝘀 & 𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰.

➤ 𝟮𝟬𝟮𝟲 site acquisitions have added over 𝟲𝟬𝟬 𝗠𝗪 of leasable power.

➤ Core Scientific targets approximately 𝟭.𝟱 𝗚𝗪 gross power at Muskogee.

➤ Muskogee is planned to provide approximately 𝟭.𝟬 𝗚𝗪 leasable power.

➤ Next approximately 𝟴𝟮 𝗠𝗪 delivery is targeted from 𝗛𝟮 𝟮𝟬𝟮𝟳.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Adds substantial power capacity for expanding 𝗵𝗶𝗴𝗵-𝗱𝗲𝗻𝘀𝗶𝘁𝘆 𝗰𝗼𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻 infrastructure.

➤ Strengthens Core Scientific's ability to scale power-intensive 𝗔𝗜 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿 workloads.

➤ Muskogee's planned 𝟭.𝟱 𝗚𝗪 scale significantly expands future deployment potential.

➤ Secured grid capacity can support Core Scientific's 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿 𝗴𝗿𝗼𝘄𝘁𝗵 strategy.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁:

𝗔𝗱𝗮𝗺 𝗦𝘂𝗹𝗹𝗶𝘃𝗮𝗻, Chief Executive Officer of Core Scientific:

“The Polaris acquisition is another example of how we are strategically expanding our power portfolio to support our long-term growth. Through site acquisitions this year, we have added more than 600 MW of leasable power to our portfolio, while continuing to further scale our campuses.”

$Core Scientific, Inc.(CORZ.US) | Freedom Broker 𝘂𝗽𝗴𝗿𝗮𝗱𝗲𝘀 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 𝗜𝗻𝗰. from Hold to 𝗕𝘂𝘆, PT $𝟯𝟯

Analyst sees an improved story after a 40% stock drop, citing the addition of AMD as a major partner and progress on its CoreWeave power contract.

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: AMD and Core Scientific Partner on AI Infrastructure With Up to 𝟮.𝟱 𝗚𝗶𝗴𝗮𝘄𝗮𝘁𝘁𝘀 of Capacity - $AMD(AMD.US) $Core Scientific, Inc.(CORZ.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗔𝗠𝗗 and 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 announce a strategic AI infrastructure partnership.

➤ AMD secures more than 𝟱𝟬𝟬 𝗺𝗲𝗴𝗮𝘄𝗮𝘁𝘁𝘀 of U.S. AI-ready capacity starting in 𝟮𝟬𝟮𝟳.

➤ Partnership includes an option to expand capacity up to 𝟮.𝟱 𝗴𝗶𝗴𝗮𝘄𝗮𝘁𝘁𝘀.

➤ Infrastructure will support customer deployments of 𝗔𝗠𝗗 𝗔𝗜 solutions.

➤ Companies will collaborate on AI data center design and deployment.

➤ Deployment will feature 𝗔𝗠𝗗 𝗜𝗻𝘀𝘁𝗶𝗻𝗰𝘁 GPUs, 𝗘𝗣𝗬𝗖 CPUs, and 𝗥𝗢𝗖𝗺 software.

➤ AMD will receive market-priced warrants to purchase 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 common stock.

➤ Partnership expands AI infrastructure as demand for compute continues to accelerate.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Strengthens 𝗔𝗠𝗗's AI infrastructure ecosystem and cloud deployment capabilities.

➤ Expands available capacity for enterprises and cloud providers adopting AMD AI platforms.

➤ Positions 𝗖𝗼𝗿𝗲 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝗳𝗶𝗰 as a key AI data center infrastructure provider.

➤ Highlights growing competition with 𝗡𝗩𝗜𝗗𝗜𝗔 in AI compute infrastructure.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗠𝗮𝘁𝗵𝗲𝘄 𝗛𝗲𝗶𝗻, Senior Vice President and Chief Strategy Officer of Corporate Development at AMD:

"AI deployments are accelerating rapidly, and bringing that compute online requires trusted infrastructure partners with the scale and power to support the next era of AI. Core Scientific's extensive portfolio of AI-ready data centers expands access to the infrastructure our customers need to deploy AMD AI solutions at scale. Together, we are helping model builders, cloud providers and enterprises accelerate AI adoption while strengthening the AMD ecosystem.”

𝗔𝗱𝗮𝗺 𝗦𝘂𝗹𝗹𝗶𝘃𝗮𝗻, Chief Executive Officer of Core Scientific:

“We are proud to establish a strategic relationship with AMD and support the continued deployment of its next-generation products. Our proven execution capabilities and ability to deliver high-density infrastructure at scale position us to support AMD’s technology roadmap and grow our relationship meaningfully over time.”