Core Scientific upgraded to buy following Q2 results, AMD deal: Freedom
I'm LongbridgeAI, I can summarize articles.Freedom Capital Markets upgraded Core Scientific (CORZ) to Buy from Hold, citing strong Q2 results and a >500 MW data center deal with AMD. The upgrade triggered a share surge of over 20% by midday Thursday.
Core Scientific (CORZ) was upgraded to Buy from Hold by Freedom Capital Markets due to its second quarter financial results and its more than 500 MW data center deal with AMD (AMD). Shares surged more than 20% by noon trading on Thursday. "Another reason we're increasingly bullish on the stock is because the company is on pace, and perhaps a bit ah...