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0.0228571428571429 0.102857142857143 -0.148571428571429 -0.0742857142857142 -0.00571428571428572 -0.0285714285714285 -0.0742857142857142 -0.0857142857142857
Stock impact report

AGM Group Holdings Inc. Announces Strategic Partnership with Canada's Nowlit to Expand High-Performance Computing Capabilities

AGM Group Holdings Inc. - Class A Ordinary Shares (AGMH) 
Company Research Source: PR Newswire
BEIJING, Dec. 20, 2024 /PRNewswire/ -- AGM Group Holdings Inc. ("AGM Holdings" or the "Company") (NASDAQ: AGMH), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, announced today that the Company has signed an investment intention agreement (the "Agreement") with its Canadian partner, NOWLIT Solutions Corp. ("Nowlit"), a prominent energy technology company focused on developing energy solutions and data center infrastructure in Canada, to provide green energy data center and cryptocurrency computing power. This initiative aligns strategically with AGM Holdings' long-term expansion plan in the rapidly evolving artificial intelligence and data center market in North America.Pursuant to the Agreement, Nowlit plans to contribute its existing 50 megawatts (MW) data center assets to AGM Energy Corp. ("AGM Energy" or the "JV"), the Canadian joint venture co-founded by AGM Holdings and Nowlit. Led by Nowlit's founde Show less Read more
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