HIVE Expands NVIDIA Chip Suite to Power AI Boom with $30 Million H100 and H200 GPU Clusters to be Deployed in Quebec
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HIVE Digital Technologies Ltd. is expanding its NVIDIA chip suite with a $30 million investment in H100 and H200 GPU clusters, which will be deployed in Quebec to support the AI boom.
December 24, 2024 | 6:45 am
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HIVE Digital Technologies is investing $30 million in NVIDIA H100 and H200 GPU clusters to enhance its AI capabilities, indicating a strategic move to capitalize on the growing AI market.
HIVE's significant investment in advanced NVIDIA GPUs suggests a strong commitment to expanding its AI infrastructure, which is likely to enhance its market position and drive future growth. This strategic move aligns with the increasing demand for AI technologies, potentially boosting investor confidence and positively impacting the stock price.
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