AMD Guaranteed $300 Million Crusoe Data Center Loan

The chipmaker has backed financing for Crusoe to build a new data center campus in Springfield, Ohio.

Updated on Oct. 6, 2026 in Data Centers

Isometric editorial illustration of a modern data center facility and adjacent power substation, representing tech infrastructure investment. — AMD has guaranteed a $300 million loan for Crusoe to develop a new data center facility in Springfield, Ohio, aimed at supporting AI-driven hardware growth. AI Illustration. Upload story photo >

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AMD has guaranteed a $300 million loan from Goldman Sachs for Crusoe to acquire AI chips. If the new facility in Springfield fails to attract customers, AMD has agreed to lease back the hardware.

Why it matters

This arrangement allows Crusoe to secure lower-interest capital for infrastructure while enabling AMD to finalize significant chip sales without resorting to price discounts.

Crusoe is constructing the Springfield data center with the help of 5C to house AI chips. This development follows Crusoe raising over $3 billion in a recent funding round.

The players

AMD

This multinational semiconductor company designs and produces computer processors and related technologies for the enterprise and consumer markets.

Crusoe

This technology company focuses on cloud computing infrastructure and energy-intensive data solutions.

Goldman Sachs

This global financial institution provides investment banking, securities, and investment management services.

Boom Supersonic

This aviation company designs supersonic passenger aircraft for commercial flight.

Jane Street

This quantitative trading firm and liquidity provider operates across global financial markets.

The details

Crusoe concurrently canceled a $1.25 billion agreement to purchase 29 jet-derived turbines from Boom Supersonic. The company continues to maintain a substantial $13 billion cloud computing contract with Jane Street.

Crusoe closed a $1.375 billion Series E funding round in October 2025.
AMD announced a $5 billion equity investment in Anthropic on July 22, 2026.
This report was published on October 6, 2026.

The Tech Race

The deal follows the precedent established by Nvidia's $1.4 billion loan support for Nscale, highlighting a growing trend of chipmakers underwriting data center development. By embedding themselves into the capital stack, manufacturers like AMD ensure captive demand for their AI hardware.

The development of a new data center campus may lead to increased local job creation and infrastructure upgrades in the Springfield area. However, the reliance on high-interest corporate financing reflects the intense capital requirements currently shaping the availability of AI compute resources.

The takeaway

This deal underscores how artificial intelligence hardware manufacturers are evolving into financiers to secure market share in a competitive landscape. Residents and local businesses should monitor how large-scale utility demands for such facilities affect local resource planning.