secwatch.observer — SEC 8-K summary
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Issuer:     Core Scientific, Inc./tx (CORZ)
CIK:        0001839341
Form:       8-K
Filed at:   2026-07-28T11:00:58+00:00
Accession:  0001839341-26-000012
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core Scientific and AMD announce infrastructure partnership for up to 2.5 GW; initial 377 MW leases, warrant issued
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- Core Scientific entered lease agreements with AMD for 377 MW and with a Neocloud for 152 MW of critical IT capacity, 15-year terms with three 5-year options.
- AMD receives warrant to purchase up to 30M shares at $23.47; ~6.5M shares vested immediately based on initial 377 MW.
- AMD has right to reserve additional 1,925 MW capacity through Dec 2028, enabling total potential of up to 2.5 GW.
- Partnership includes collaboration on physical infrastructure design and deployment of AMD Instinct GPUs, EPYC CPUs, and ROCm software.
- More than 500 MW of U.S. infrastructure expected to begin in 2027, scaling to 2.5 GW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1839341/000183934126000012/0001839341-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1839341/000183934126000012/core-20260727.htm
  HTML page:      https://secwatch.observer/filing/0001839341-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer