NasdaqGS:CORZSoftware
How Investors May Respond To Core Scientific (CORZ) Pivot Toward AI And HPC Infrastructure Services
Earlier in January, BTIG upgraded Core Scientific to a Buy rating, citing the company’s ongoing pivot from Bitcoin mining to high-density infrastructure and colocation services for artificial intelligence and high-performance computing clients.
This marks a meaningful shift in Core Scientific’s business mix toward providing power, cooling, and specialized hosting for third-party AI and HPC workloads, rather than primarily mining Bitcoin on its own balance sheet.
Next, we’ll examine how...