Bernstein: Core Scientific–AMD Deal Could Yield $14 Billion Over 15 Years
Bernstein estimates Core Scientific’s partnership with AMD could generate $14 billion in revenue over 15 years, highlighting a shift where AI chip makers anchor and fund former bitcoin mining projects.
Analysts at Bernstein see a potential $14 billion revenue stream for Core Scientific from its partnership with AMD over a 15-year horizon. The forecast is less about the headline number and more about a structural change in how AI chip manufacturers engage with former crypto miners.
The key takeaway, according to Bernstein, is that chip makers like AMD are stepping into roles as anchor tenants and financial guarantors for projects that repurpose bitcoin mining infrastructure. This shifts the risk and funding model for building out AI-focused data centers.
Access to power capacity and ready-built sites is what turns cryptocurrency miners into critical players in the AI data center market, Bernstein argues. Such partnership structures could quickly become an industry template as demand for AI compute accelerates.
Source: ForkLog