Here's a deal that sounds like it was cooked up in a sci-fi writer's room: a robotics company and a GPU cloud provider are teaming up to build the next wave of AI-powered machines. AMC Robotics Corporation (AMCI) and HIVE Digital Technologies Ltd. (HIVE) announced a strategic collaboration on Friday aimed at advancing AI-driven robotics and the compute infrastructure that supports them.
Think of it this way: AMC builds the robots, and HIVE provides the brainpower. Under the agreement, AMC Robotics has started using HIVE's GPU-based AI compute infrastructure to support the development, testing, and deployment of its robotics systems. The companies are also exploring potential cooperation in areas like AI optimization, data processing, and making sure the whole setup can scale up as needed.
AMC isn't just talking about theoretical bots. The company recently showcased its AI-powered quadruped robot, named Kyro, at the Tokyo Security Show 2026. The demo included autonomous navigation, abnormal heat detection, and remote operation—pretty handy features for a security robot. The collaboration could expand as HIVE grows its global GPU AI Cloud infrastructure and AMC moves toward broader deployment of its robotics platforms.
Now, let's talk about the stock, because that's why you're here. HIVE's shares present a bit of a mixed bag from a technical perspective. The stock is currently trading 3.70% below its 20-day simple moving average and a more significant 19.00% below its 100-day SMA. That generally indicates a bearish trend in the short to medium term. For context, shares are up 24.55% over the past 12 months but are currently positioned closer to their 52-week lows than their highs.
The momentum indicators are telling two different stories. The Relative Strength Index (RSI) is sitting at 42.18, which is considered neutral territory—not overbought, not oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) is at -0.1272, with its signal line at -0.1478. Because the MACD is above the signal line, this indicates a bullish crossover. So you have neutral RSI and a bullish MACD, which suggests mixed momentum. Traders are watching key resistance at $2.50 and key support at $1.50.
Looking ahead, HIVE Digital is slated to provide its next financial update on June 25, 2026. The estimates are pointing in the right direction. Analysts expect a loss of 22 cents per share, which is an improvement from a loss of 34 cents in the prior period. Revenue is estimated to jump to $80.40 million, up significantly from $31.16 million.
The analyst consensus for HIVE is a Buy rating, with an average price target of $6.68. However, the recent actions have been a mix of conviction and caution. Rosenblatt maintained a Buy rating on February 18 but lowered its price target to $4.50. B. Riley Securities also kept a Buy rating on February 13 but cut its target to $6.00. On the more cautious side, Keefe, Bruyette & Woods downgraded the stock to Market Perform on January 27 and lowered its target to $3.50.
In early trading on Friday, HIVE Digital Technologies shares were up 0.48% at $2.09. AMC Robotics shares, meanwhile, were down 5.43% at $7.93.
