
The semiconductor rotation and memory stock profit taking puts investors in a bind trying to call the top.
Core Scientific, Inc. provides blockchain and artificial intelligence (AI) infrastructure services in the United States. The company is headquartered in Austin, Texas.
| Revenue (TTM) | $354.74M |
| Gross Profit (TTM) | $76.48M |
| EBITDA | $-96.74M |
| Operating Margin | -18.80% |
| Return on Equity | 0.00% |
| Return on Assets | -4.33% |
| Revenue/Share (TTM) | $1.11 |
| Book Value | $-4.12 |
| Price-to-Book | — |
| Price-to-Sales (TTM) | 19.30 |
| EV/Revenue | 22.16 |
| EV/EBITDA | 454.88 |
| Quarterly Earnings Growth (YoY) | 61.20% |
| Quarterly Revenue Growth (YoY) | 44.90% |
| Shares Outstanding | $317.88M |
| Float | $255.51M |
| % Insiders | 3.36% |
| % Institutions | 124.35% |
Volatility is currently expanding

The semiconductor rotation and memory stock profit taking puts investors in a bind trying to call the top.

"A rising tide lifts all boats" is a popular piece of market jargon, but you can see why it sticks during rallies like the AI gold rush. Anyone and everyone is trying to get into the data center game today, including some former Bitcoin miners strategically pivoting to the next big thing.

Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator.

Bitcoin prices fell this week after cryptocurrency treasury company Strategy revealed it sold a small amount of its bitcoin holding. Traders on prediction market Kalshi think it's likely that the cryptocurrency will fall below $60,000, which would mark a new low in 2026.

If you're not familiar with the name Leopold Aschenbrenner, you should be.

Core Scientific NASDAQ: CORZ is focused on expanding five new data center sites under development, diversifying its customer base and positioning itself to win long-term artificial intelligence infrastructure contracts, CEO Adam Sullivan said at the 54th Annual TD Cowen TMT Conference.

Leopold Aschenbrenner, known as one of the youngest billionaires and a former member of the OpenAI research team, has just disclosed one of his largest stock positions yet.

Leopold Aschenbrenner, one of the youngest billionaire investors and a former OpenAI researcher, has revealed updated holdings for his Situational Awareness Fund.

Core Scientific (CORZ) offers a more attractive risk/reward profile than Applied Digital (APLD) due to its larger, immediately leasable power capacity and faster delivery schedule. CORZ is set to deliver 590 MW to CoreWeave over 12 months, with 243 MW already being billed and the remainder expected ahead of APLD's timeline. APLD's near-term upside is limited, with most capacity set for delivery further out, while trading at a premium 23x FY27 sales versus CORZ's 14x CY26 sales.

There's another set of artificial intelligence plays hidden in plain sight. And their roots are in crypto.