Why AMD and Core Scientific's $14 billion AI partnership is a turning point

Core Scientific and AMD have announced a 15-year, $14 billion infrastructure partnership, which analyst Scott Melker says underscores that AI infrastructure is proving more lucrative than bitcoin mining.

Scott Melker breaks down Core Scientific's CORZ https://finance.yahoo.com/quote/CORZ/ 15-year, $14 billion infrastructure partnership with AMD AMD https://finance.yahoo.com/quote/AMD/ , arguing the deal underscores a major shift: AI infrastructure is proving to be a more lucrative business than bitcoin BTC-USD https://finance.yahoo.com/quote/BTC-USD/ mining. " The Daily Wolf with Scott Melker https://finance.yahoo.com/videos/series/daily-wolf/?fr=sycsrp catchall " airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub https://finance.yahoo.com/markets/crypto/ to find the latest crypto-related news.