Compute · the Ledger · Site lease
AMD leases 377 MW from Core Scientific for 15 years and backs 152 MW of neocloud leases, with rights to ~1.9 GW more
Signed · announced 28 Jul 2026 · the week to 31 Jul 2026
- Size
- undisclosed
- Power
- 529 MW
- Term
- 15 years · to 27 Jul 2041
Core Scientific: more than $14B of potential base contracted revenue across ~530 MW at five sites.
The parties
- Core Scientificcompany pageLandlord
- AMDcompany pageTenant
- Undisclosed neocloudTenant
- AMDcompany pageGuarantor
The source
Core Scientific 8-K, 2026-07-28Regulatory filing
AMD leases at Pecos TX, Muskogee OK and Hunt County TX; an unnamed neocloud leases 152 MW at Auburn AL and Dalton GA with AMD credit support (AMD may cure defaults). AMD holds a reservation right on 1,925 MW more through 2028-12-28 (up to 2.5 GW total) and receives market-priced Core Scientific warrants. Three five-year options. Accelerator as stated: AMD Instinct.
The same parties, other deals
- Anthropic to deploy up to 2 GW of AMD MI450-series GPUs in Helios racks; AMD commits up to $5B equity in Anthropicundisclosed · 22 Jul 2026
- Meta commits to buy the first 1 GW of AMD Instinct GPUs (up to 6 GW); AMD issues Meta a warrant for up to 160M sharesundisclosed · 24 Feb 2026
- OpenAI agrees to buy AMD Instinct GPUs (binding first 1 GW of MI450, up to 6 GW); AMD issues OpenAI a warrant for up to 160M sharesundisclosed · 6 Oct 2025
- CoreWeave agrees to acquire Core Scientific in an all-stock deal; Core Scientific holders vote it down and the merger is terminated$9B · 7 Jul 2025
- AMD agrees to acquire hyperscale server builder ZT Systems for $4.9B in cash and stock; deal closes March 31, 2025$4.9B · 19 Aug 2024
- Core Scientific signs 12-year contracts to host ~200 MW of CoreWeave HPC infrastructure$3.5B · 3 Jun 2024