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HIVE Digital Technologies Ltd. (NASDAQ:HIVE) CEO Aydin Kilic said Tuesday that the company will prioritize expanding its high-performance computing (HPC) business in 2026.
HPC Revenue Scaling Goal
“This year, 2026, our focus is on scaling HPC’s annual recurring revenue from $20 million to $225 million,” the top executive said
To achieve this, the company plans to expand its cloud from 5,000 to 11,000 graphics processing units and to grow that revenue from $20 million to $140 million.
HIVE is capitalizing on its established infrastructure to tap into the growing demand for high-performance computing. Earlier this month, the company signed customer agreements worth approximately $30…
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