HIVE Digital Technologies Ltd

Why HIVE Stock Popped Today

HIVE Digital Technologies stock surged 14.13% after its BUZZ HPC subsidiary signed a $350 million, five-year AI cloud services deal with an investment-grade enterprise customer. The agreement includes delivery of 2,016 Nvidia Blackwell Ultra GPUs for AI model training and inference, expected to generate $70 million in annualized revenue and bring BUZZ HPC's total projected revenue to $180 million. The facility will leverage renewable hydroelectric energy and advanced cooling technology.