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Intchains Group Ltd V.ICG


Primary Symbol: ICG

Intchains Group Ltd is a provider of integrated solutions consisting of computing application specific integrated circuit (ASIC) chip products for blockchain applications and a corporate holder of cryptocurrencies based on Ether (ETH). The Company utilizes a fabless business model and specializes in the front-end and back-end of Integrated circuit (IC) design, the two components of the IC product development chain. The Company’s products include computing ASIC chip products consisting of ASIC chips, computing equipment incorporating ASIC chips, ancillary software and hardware, the products are mainly used in the blockchain industry. The Company had built a technology platform named Xihe. The Company has developed hardware models and several systems under the Xihe Platform, including a factory production test system, an after-sales data system, a computing server system and a batch management system.


NDAQ:ICG - Post by User

Post by grassyknollguyon Aug 26, 2015 4:53pm
133 Views
Post# 24054010

Big suprise!!

Big suprise!!Senior FED official announces that September rate hike doesn't look so certain. Indeed what looks more likely is a quiet resumption of QE or some other variation of stimulus. A high US $ isn't going to goose the US economy and all of Asia is racing to devalue. The US doesn't have the option of lowering interest rates so can only loosen borrowing requirements etc. (the very factors that led to 2008-2009 debacle ). When-not if- doodoo hits fan is anyone's guess- stores of value will be nice safety valve.
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