24/7 Market News Snapshot 17 October, 2025 – Taoping Inc. BVI Ordinary Shares (0 par) (NASDAQ:TAOP)
DENVER, Colo., 17 October, 2025 (www.247marketnews.com) – (NASDAQ:TAOP) are discussed in this article.
Taoping Inc. is currently experiencing significant market momentum, having surged to a pre-market price of $3.409, marking a remarkable 20.04% increase from the previous close of $2.840. This impressive price movement is supported by a trading volume of 2.06 million shares, reflecting heightened investor interest and confidence in the company’s growth prospects. Analysts indicate that a solid support level may be developing, further encouraging investment in Taoping as it solidifies its market presence.
In addition to this bullish market performance, Taoping has announced a strategic initiative to acquire Alphalion Holding Limited, a technology group renowned for its advancements in robotics, AI servers, and composite materials. The signing of a non-binding Letter of Intent (LOI) signifies a pivotal step towards enhancing Taoping’s technological infrastructure, pending due diligence and the establishment of a definitive agreement.
This acquisition represents a substantial opportunity for Taoping to leverage Alphalion Holding’s extensive portfolio of over 60 patents, enhancing its service offerings and operational efficiencies within the AI-driven digital ecosystem. Chairman and CEO Mr. Jianghuai Lin highlighted the strategic importance of this move, stating, “As applications of AI grow exponentially, acquiring Alphalion Holding is a crucial step in broadening our market reach and fortifying our solutions portfolio.”
The anticipated synergies from this partnership are expected to fuel Taoping’s growth in sectors where embodied robotics play a critical role, aligning with the transformative trends in technology. As this process unfolds, Taoping is committed to driving sustainable growth and delivering enhanced value to its stakeholders while advancing innovation in the rapidly evolving tech landscape.
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