CEO Dr. Bo Zhu: “Capital to Fuel Breakthroughs in Core AI Chip R&D”
NEW YORK, February 3, 2026 — AGM Group Holdings Inc. (“AGMH” or the “Company”), a leading global integrated technology firm listed on Nasdaq, recently announced the successful completion of a series of strategic financing initiatives, including an equity line of credit (ELOC) of up to $25 million and multiple convertible note issuances. This round of capital-raising marks the Company’s full entry into a high-growth phase driven by the “AI + core hardware” model.
AGMH Chief Executive Officer Dr. Zhu explained how the Company plans to use the raised funds to advance the development of high-performance artificial intelligence (AI) chips and servers, thereby building a strong and resilient global AI supply chain.
- Building Groundbreaking Foundations: Enhancing R&D for AI-Specific Chips
Dr. Zhu noted that the skyrocketing global demand for AI computing capacity has created a significant supply-demand gap for core hardware — a key opportunity for AGMH. He emphasized that one of the primary uses of the newly secured funding is to intensify research and development on next-generation AI ASIC chips.
“We are not just providers of computing equipment — we are technology-driven innovators with independent chip design capabilities,” said Dr. Zhu. “The funding will support our efforts to optimize ASIC chips specifically designed to enhance AI training and storage efficiency. For example, our custom-designed chip developed for all-flash cluster storage servers can significantly boost data transfer throughput and address I/O bottlenecks in large-scale AI model training.”
- A Global Outlook: Establishing a Risk-Resilient AI Industry Supply Chain
In response to the increasingly complex global trade landscape, Dr. Zhu outlined AGMH’s supply chain strategy centered on “vertical integration + global collaboration.” He believes a stable supply chain is a critical competitive moat for AI companies to thrive.
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- Self-Sufficient Manufacturing: Using the newly raised funds, AGMH is strengthening its control over core components and reducing reliance on third-party generic parts.
- Ecosystem Partnerships: The Company is collaborating closely with leading global tech partners like HashBeaver to co-develop decentralized computing networks, ensuring the global distribution of AI computing resources.
- CEO’s Vision: Fueling the Long-Term Tech Race with Capital
When discussing AGMH’s recent dynamic activities in the capital markets, Dr. Zhu voiced strong confidence: “Our current financing moves are strategic choices aimed at securing our position in the golden track of AI. We are transforming capital into tangible R&D outcomes, and converting our technological accumulations into market share.” He concluded: “We will leverage this funding to deepen our presence across the entire ‘chip-server-data center’ industrial chain, create long-term, sustainable value for shareholders, and become a global leader in AI infrastructure.”
About AGM GROUP HOLDINGS INC.
AGM GROUP HOLDINGS INC. is among the small number of US-listed public companies with both ASIC chip design and crypto miner production capabilities. Its launched crypto miners boast competitive performance and specifications. For more information, visit the Company’s website at https://agmhgroup.com/
Forward-Looking Statements
Some statements in this announcement are forward-looking. These statements involve known and unknown risks and uncertainties, based on the Company’s current expectations and forecasts of future events it believes may impact its financial condition, operational results, business strategy, and financial needs. Investors can identify these forward-looking statements by terms like “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or similar phrases. The Company has no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or changes in expectations, except as required by law. While the Company considers these expectations reasonable, it cannot guarantee their accuracy, and cautions investors that actual results may differ significantly from anticipated outcomes. Investors are encouraged to review other factors affecting future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
AGM GROUP HOLDINGS INC.
Investor Relations Department
Email: ir@agmhgroup.com
https://agmhgroup.com/
