Story · AMD
Core Scientific Stock Drops as Earnings Miss Overshadows AMD Deal
Shares of Core Scientific fell on Tuesday after the company reported worse-than-expected earnings, which outweighed positive news from a new partnership with Advanced Micro Devices (AMD). The partnership with AMD has the potential to generate over $14 billion in contracted revenue. The earnings miss was the primary driver of the stock decline, highlighting investor focus on near-term financial performance despite the long-term potential of the AMD deal. The article was published by Barron's on July 28, 2026.
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