Core Scientific has stopped being a bitcoin miner and become a contracted AI-infrastructure landlord with years of revenue visibility. Its Q2 loss is mostly a non-cash warrant mark, not a broken business. AMD signed as anchor tenant for over 500 MW from 2027, scalable to 2.5 GW, earning warrants only as capacity comes online. The test is on-schedule delivery into 2027; if AMD and CoreWeave both scale as contracted, this is one of the more de-risked demand stories in the AI power trade. x.com  … Show more

Core Scientific's big lease with AMD, 500MW to start with a path to 2.5GW, looks good on the math. Per the call, it brings $14B for 530MW over 15 years, 380MW of it triple-net. AMD receives market-priced warrants to buy Core Scientific equity. x.com  x.com 

Core Scientific's failure to secure a data center deal in an environment this strong is a bad sign, coming after the CoreWeave delays. x.com 

Core Scientific has more than 4 gigawatts to energize and $500 million of free cash flow coming from CoreWeave. Selling because it announced no new deal with earnings is foolish, since companies in this group rarely announce deals alongside earnings. x.com 

Core Scientific has something massive brewing, with heavy institutional accumulation while the stock sat inefficiently priced below its all-time high. It has now made an all-time-high weekly close on volume. x.com 

Core Scientific is positioned for the AI capacity shortage as AI companies and labs race to lock in capacity years ahead. It leases compute to CoreWeave and signed an AMD deal for up to 2.5GW of future capacity. AI cloud backlogs have passed $150 billion, and one provider said it could sell out its 2027 capacity at today's terms. x.com 

CoreWeave looks positioned to be one of the biggest beneficiaries of years of demand for GPU computing at scale. It should be one of the most important players in the AI infrastructure buildout, with Jensen Huang and Nvidia deeply tied to it. At $50 a share, its debt load is not a concern; the stock could look like one of the best buying opportunities by decade-end. x.com  x.com 

Core Scientific is the lowest-risk of these AI infrastructure picks, ranked third, because CoreWeave funds the buildout and pays rent under take-or-pay contracts whatever happens in the compute market. It has 590MW contracted, with capex borne by the customer, so it needs little debt. Nvidia's Rubin does not hurt it, since CoreWeave would swap GPUs but keep using its sites and power. The only risk is total dependence on CoreWeave: any trouble there hits Core Scientific directly. x.com 

Core Scientific looks attractive as a catch-up trade. x.com 

Contracted AI compute demand makes four AI infrastructure stocks worth buying at 52-week lows. Applied Digital has a $36B backlog and expects 600+ MW online within 12 months; Cipher Mining has $8.5B+ in AI leases with payments ramping; CleanSpark has a 20-year $6.6B lease and 1.8+ GW power portfolio; CoreWeave has a $104B backlog and raised its year-end ARR target to $18.5-19.5B. x.com  x.com