---
title: "Hive Digital Technologies Shares Surge 26% Following AI Facility Announcement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286801682.md"
description: "Hive Digital Technologies experienced a 26% increase in its share price after announcing plans for a new AI facility through its subsidiary, Buzz High Performance Computing. According to NS3.AI, the facility, which will be located in the Greater Toronto Area, is projected to have a capacity of 320 MW. The development is expected to cost C$3.5 billion and is scheduled to become operational in the second half of next year. This expansion will increase Hive's global power capacity to 850 MW."
datetime: "2026-05-18T16:55:36.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286801682.md)
  - [en](https://longbridge.com/en/news/286801682.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286801682.md)
---

# Hive Digital Technologies Shares Surge 26% Following AI Facility Announcement

Hive Digital Technologies experienced a 26% increase in its share price after announcing plans for a new AI facility through its subsidiary, Buzz High Performance Computing. According to NS3.AI, the facility, which will be located in the Greater Toronto Area, is projected to have a capacity of 320 MW. The development is expected to cost C$3.5 billion and is scheduled to become operational in the second half of next year. This expansion will increase Hive's global power capacity to 850 MW.

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