NEW YORK, Feb. 03, 2026 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. ("AGMH" or the "Company"), a global integrated technology leader and Nasdaq-listed company, recently announced the successful completion of a series of strategic financing initiatives, including an up-to $25 million equity line of credit (ELOC) and multiple convertible note issuances. This round of capital operations marks the Company's full entry into a high-growth phase driven by "AI + core hardware."

AGMH Chief Executive Officer Dr. Zhu elaborated on how the Company is utilizing the funds raised to further develop high-performance artificial intelligence (AI) chips and servers, thereby building a robust and resilient global AI supply chain.

Groundbreaking at the Foundation: Deepening R&D in AI-Specific Chips

Dr. Zhu pointed out that the explosive growth in global demand for AI computing power has led to a severe imbalance between supply and demand for core hardware, representing a key opportunity for AGMH. He emphasized that one of the primary uses of the newly acquired funding is deep R&D into 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 ...