CAN
Canaan
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CAN Profile
Canaan Inc.
A Chinese designer of bitcoin mining machines incorporating application-specific integrated circuit technology
Semiconductor Products and Equipment
02/06/2018
11/21/2019
NASDAQ Stock Exchange
463
12-31
Depository Receipts (Ordinary Shares)
28 Ayer Rajah Crescent #06-08, S139959, Singapore
Bitcoin Mining Solutions and ASICs for AI Applications
Canaan Inc. was established on February 6, 2018 under the laws of the Cayman Islands. The company is primarily focused on providing crypto mining solutions through their proprietary ASICs. They are one of the few fabless IC design companies with advanced technology to independently design ASICs, established access to leading foundry capacity, and proven in-house capabilities to produce Bitcoin mining machines. They mainly use their technology and expertise in ASIC applications for Bitcoin mining machines and are the leading producers of Bitcoin mining machines in the global market. In addition, with its technical expertise and expertise in ASIC chip design, its operating subsidiary has delivered edge computing chips based on RISC-V architecture for smart digital devices.