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Intchains Group Ltd V.ICG

Primary Symbol: ICG

Technology Semiconductors

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

Intchains Group Ltd

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Post by Marine2on Apr 11, 2017 11:41am

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Post# 26106967

Gold Sharply Up, Hits 5-Mo. High !

Gold Sharply Up, Hits 5-Mo. High, On Safe-Haven Demand, Technical Momentum

Jim Wyckoff Tuesday April 11, 2017 11:06

Kitco News

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(Kitco News) - Gold prices are trading solidly higher and have hit a five-month high in late-morning price action Tuesday. Buy stop orders were triggered in the futures market when prices pushed above last week's high and also moved above the key 200-day moving average. Increasing risk aversion in the marketplace early this week has propelled the safe-haven metal. U.S.-North Korea tensions are on the rise as U.S. warships steam toward waters off the Korean peninsula. U.S. and Russian government officials are also meeting early this week, after the U.S. sent 59 Tomahawk missiles into Syria last week. World stock markets have become a bit more wobbly in recent sessions, including selling pressure in the U.S. equities market Tuesday, and that's also benefitting the gold market bulls. The near-term chart posture for gold just got more bullish, and that's inviting more technical buyers into the market, too. June Comex gold was last up $19.30 an ounce at $1,273.40.

By Jim Wyckoff

For Kitco News

M2