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NewsBTC 2021-09-29 18:30:07

AGM Group Enters Two New Business Lines, Announces Strategic Partnership With HighSharp

China, September 29, 2021 – AGM Group Holdings Inc. (“AGMH”) (NASDAQ: AGMH), an integrated technology company focused on advanced blockchain chip solutions, fintech software services, and crypto-miner production, announced that it has entered an initial six-month strategic cooperation agreement with HighSharp Electronic Technology Co., Ltd, an integrated circuit designer providing advanced semiconductor solutions for supercomputing hardware. AGM Holdings & HighSharp: A Partnership That Can Build Revenue Growth The terms of the HighSharp partnership will enable AGMH to use the latest gen of chips and production services available. The deal enables AGMH to target a minimum of $100M in orders during the six-month term. Should orders exceed the target minimum, the two parties will form a joint venture to build upon next-generation product research and development for premium semiconductor solutions for supercomputing hardware. With this announcement, AGMH has also shifted broader focus into new business lines including ASIC chip research and development, and crypto mining equipment manufacturing and sales. Refined Business Growth & AGMH’s Jinli Miner-C16 AMGH recently formed a new company growth strategy, paired with veteran team members with extensive experience in high-performance chip designs and blockchain applications. The company is also exploring blockchain-based NFT and DeFi technologies to build the ecosyste...

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