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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 Marine2on May 18, 2016 9:14pm
174 Views
Post# 24886981

BNN, Fed signals interest rate hike ??

BNN, Fed signals interest rate hike ??Timing is everything,, at least Integra will be cashed up !

Fed signals interest rate hike firmly on the table for June

 

BNN

 

https://www.bnn.ca/News/2016/5/18/Fed-signals-interest-rate-hike-firmly-on-the-table-for-June.aspx

 

Jason Lange and Lindsay Dunsmuir, Reuters 

2:19 PM, E.T. | May 18, 2016

Economy

 

Tags: Economy, Federal Reserve

 

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Follow this

 

The Federal Reserve will likely raise interest rates in June if economic data points to stronger second-quarter growth as well as firming inflation and employment, according to minutes from the U.S. central bank's April policy meeting released on Wednesday.

 

That view, expressed by most Fed policymakers at the last policy meeting, suggests the central bank is much closer to lifting rates again than Wall Street expects.

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