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Canaan Inc
Canaan Inc (NASDAQ: CAN) is a technology company specializing in high-performance computing solutions through proprietary application-specific integrated circuit (ASIC) technology. The company designs and develops ASIC chips primarily for Bitcoin mining machines and manufactures mining hardware for the global cryptocurrency market. Operating as a fabless IC designer, Canaan manages both front-end and back-end chip design while assembling its mining equipment through facilities in China. In addition to Bitcoin mining machines, the company is expanding into artificial intelligence (AI) chip production and aims to strengthen its presence in self-owned Bitcoin mining operations and digital infrastructure solutions.
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