Why HIVE Stock Popped Today
The data center developer's AI cloud business just received a major boost.
Overview
Shares of HIVE Digital Technologies (NASDAQ: HIVE) climbed on Monday after the computing infrastructure builder signed a $350 million artificial intelligence (AI) cloud services deal.
Image source: Getty Images.
HIVE's BUZZ High Performance Computing subsidiary entered into a five-year graphics processing unit (GPU) agreement with "an investment-grade enterprise customer."
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.