A well-known ASIC chip manufacturer recently received a compliance notice as its listed stock failed to maintain the minimum bid price of $1. According to regulations, the company has a 180-day remediation period, during which it must maintain a closing price of $1 or higher for 10 consecutive trading days; otherwise, it faces delisting risk. Since mid-November last year, the stock price has consistently failed to break through this key psychological level, amid significant adjustments in the crypto mining industry. However, it is noteworthy that the company recently announced a large order of 50,000 Avalon A15 Pro miners, indicating that demand for high-performance ASIC hardware still exists amid market volatility, offering a glimmer of hope for the industry.

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