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The acquisition is seen as a significant step forward in Intchains' penetration of the WEB3 industry. The company's expertise in blockchain applications, combined with Goldshell's infrastructure strength, is expected to enhance Intchains' market presence and positioning.

Intchains Group's high P/S ratio may not be justified due to its declining revenue and less attractive medium-term revenue trends. Without significant improvement, the P/S ratio may decline, potentially disappointing investors if it aligns with recent growth rates.

Earlier this year, Intel was in Wall Street’s doghouse. The company had lost market share to rival chipmakers. And, it was an unforgivable sin for Intel to post its first unprofitable quarter in a long time.
How did Intel CEO Pat Gelsinger react to all of this? He bought 8,200 Intel shares, paying an average price of $30.41 per share. That was a quarter-million-dollar stock purchase, and it’s already profitable.
Fast forward to July 31 through Aug. 2, and filings show t...