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Wajeeh Khan

SHOCKING: Hive stock soars on new plans for ai infrastructure campus - What They Never Told You

Hive Barchart HIVE Digital Toronto

HIVE Digital (HIVE) shares closed meaningfully higher on May 18 after the company announced an ambitious plan to build a $3.5 billion artificial intelligence (AI) gigafactory in Toronto.

According to its press release, the huge 25-acre campus will command a 320-MW power allocation capable of hosting more than 100,000 high-performance graphics processing units (GPUs).

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