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AGM Group Holdings Inc. has completed a series of financing initiatives, including a $25 million equity line of credit and convertible note issuances, marking its entry into a growth phase focused on AI and core hardware. The funding will be utilized to advance the development of high-performance artificial intelligence chips and servers, addressing the global demand-supply imbalance in AI computing power.

The company aims to enhance AI training and storage efficiency through deep R&D into next-generation AI ASIC chips. CEO Dr. Zhu emphasized the importance of a stable supply chain for survival in the AI sector and outlined a strategy of vertical integration and global collaboration to build a resilient AI industry supply chain. The financing aims to convert capital into R&D outcomes and strengthen AGMH's presence across the chip-server-data center industrial chain.