HIVE’s (HIVE) BUZZ HPC Secures $220M GPU Cloud Contract for Sovereign AI Infrastructure

Maham Fatima

Sat, June 20, 2026 astatine 12:28 PM CDT 2 min read

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is 1 of the penny stocks with explosive maturation potential. On June 18, HIVE Digital's subsidiary, BUZZ HPC, secured a three-year, $220 cardinal GPU unreality declaration to supply HPC infrastructure for Bell Canada and Cohere Inc. This collaboration establishes an integrated Canadian AI stack, utilizing 2,304 NVIDIA Grace Blackwell GPUs to present sovereign AI solutions designed specifically for home authorities and firm endeavor customers.

The AI infrastructure volition beryllium deployed astatine Bell's installation successful Merritt, British Columbia, utilizing renewable vigor and precocious liquid cooling to support debased powerfulness usage. By keeping compute infrastructure and information wholly wrong Canadian borders, the concern straight supports nationalist AI strategies aimed astatine ensuring information security, sovereignty, and operational power for Canada's astir captious sectors.

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Funded by a caller $115 cardinal convertible note, the task involves a bespoke server solution provided by Hypertec. This inaugural positions BUZZ HPC arsenic a cardinal supplier successful the nationalist AI ecosystem, combining Bell's connectivity, Cohere's enterprise-grade connection models, and BUZZ's specialized AI mill expertise to present a secure, production-grade level for the Canadian market.

HIVE Digital Technologies Ltd. (NASDAQ:HIVE) is simply a integer infrastructure institution that builds and operates green-energy-powered information centers for cryptocurrency mining and HPC to enactment AI workloads.

While we admit the imaginable of HIVE arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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