Intchains Charts New Course with Next-Gen ASIC Launch and $15M Buyback Amid Altcoin Downturn
Market Chameleon (Fri, 21-Aug 7:07 AM ET)
Intchains Group Limited Reports First Half 2026 Financial Results
Globe Newswire (Thu, 20-Aug 4:05 PM ET)
Intchains Group Limited to Report First Half 2026 Financial Results on Thursday, August 20
Globe Newswire (Thu, 6-Aug 9:00 AM ET)
Intchains Group Ltd is an inventive altcoins development company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies and the active development of inventive Web3 applications. The company offers high-performance mining products including altcoin mining machines incorporating its ASIC chips that have high computing power and superior power efficiency, ASIC chips and ancillary software and hardware, all of which cater to the evolving needs of the blockchain industry. Geographically, it operates in Mainland China, Hong Kong, and Other countries or regions.
Intchains Group Limited - American Depositary Shares trades on the NASDAQ stock market under the symbol ICG.
As of September 8, 2026, ICG stock price declined to $0.99 with 13,490 million shares trading.
ICG has a beta of 1.12, meaning it tends to be more sensitive to market movements. ICG has a correlation of 0.02 to the broad based SPY ETF.
ICG has a market cap of $59.76 million. This is considered a Micro Cap stock.
In the last 3 years, ICG traded as high as $14.22 and as low as $.60.
ICG has underperformed the market in the last year with a return of -50.5%, while SPY returned +19.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ICG shares. However, ICG has outperformed the market in the last 3 month and 2 week periods, returning +40.9% and +4.3%, while SPY returned +3.9% and 0.0%, respectively. This indicates ICG has been having a stronger performance recently.
ICG support price is $.94 and resistance is $1.06 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ICG shares will trade within this expected range on the day.