AGM Group Accelerates Global AI Supply Chain Construction Through Financing

Core Insights - AGM Group Holdings Inc. has successfully completed strategic financing initiatives, including an up-to $25 million equity line of credit and multiple convertible note issuances, marking its entry into a high-growth phase driven by AI and core hardware [1][2] - The company aims to utilize the newly acquired funds for deep R&D into next-generation AI ASIC chips to address the growing demand for AI computing power [2][3] R&D Focus - The funding will support the optimization of ASIC chips specifically designed to enhance AI training and storage efficiency, addressing I/O bottlenecks in large-scale AI model training [3] - The company is committed to developing high-performance AI chips and servers to build a robust global AI supply chain [1][4] Supply Chain Strategy - AGM's supply chain strategy is based on "vertical integration + global collaboration," which is seen as a critical factor for survival in the increasingly complex global trade environment [4] - The company is strengthening its control over core components and reducing reliance on third-party generic parts through self-reliant manufacturing capabilities [7] Market Positioning - The company expresses confidence that its financing moves are strategic choices aimed at securing its position in the AI sector, transforming capital into tangible R&D outcomes and market share [5] - AGM is working closely with global technology partners to co-develop decentralized computing networks, ensuring the global allocation of AI computing resources [7]