Core Scientific Stock Could Benefit from CoreWeave's Success
Source: theblock.co — 5/20/2025
Analysts suggest Core Scientific's stock could rise due to its partnership with CoreWeave, whose valuation has surged. CoreWeave secured significant contracts with OpenAI, boosting investor confidence. Core Scientific, shifting from bitcoin mining to AI data centers, expects growth through its Denton, Texas site and agreements with CoreWeave. This move positions Core Scientific to benefit from the AI sector's growth despite recent stock volatility.