AMC Robotics Corporation (NASDAQ:AMCI) and HIVE Digital Technologies Ltd. (NASDAQ:HIVE) on Friday announced a strategic collaboration to advance AI-driven robotics applications and supporting compute infrastructure.
Details
Under the agreement, AMC Robotics has begun using HIVE's GPU-based AI compute infrastructure to support development, testing, and deployment of its robotics systems. The companies are also exploring potential cooperation in AI optimization, data processing, and infrastructure scalability.
AMC Robotics recently showcased its AI-powered quadruped robot Kyro at the Tokyo Security Show 2026, demonstrating autonomous navigation, abnormal heat detection, and remote operation.
The companies said the collaboration could expand as HIVE grows its global GPU AI Cloud infrastructure and AMC Robotics moves toward broader deployment of its robotics platforms.
Technical Analysis
The stock is currently trading 3.70% below its 20-day simple moving average (SMA) and 19.00% below its 100-day SMA, indicating a bearish trend in the short to medium term. Shares have increased 24.55% over the past 12 months and are currently positioned closer to their 52-week lows than highs.
The RSI is at 42.18, which is considered neutral territory. Meanwhile, MACD is at -0.1272, with the signal line at -0.1478, indicating a bullish crossover as the MACD is above the signal line. The combination of neutral RSI and bullish MACD suggests mixed momentum.
- Key Resistance: $2.50
- Key Support: $1.50
Earnings & Analyst Outlook
HIVE Digital is slated to provide its next financial update on June 25, 2026 (estimated).
- EPS Estimate: Loss of 22 cents (Up from Loss of 34 cents)
- Revenue Estimate: $80.40 million (Up from $31.16 million)
Analyst Consensus & Recent Actions: The stock carries a Buy Rating with an average price target of $6.68. Recent analyst moves include:
- Rosenblatt: Buy (Lowers Target to $4.50) (Feb. 18)
- B. Riley Securities: Buy (Lowers Target to $6.00) (Feb. 13)
- Keefe, Bruyette & Woods: Downgraded to Market Perform (Lowers Target to $3.50) (Jan. 27)
Price Action: HIVE Digital Technologies shares were up 0.48% at $2.09 during premarket trading on Friday, according to Benzinga Pro data. AMC Robotics shares were down 5.43% at $7.93.
Photo via Shutterstock