Canaan exits AI chip business to focus on mining machines and NA market

Digitimes
By Charlene ChenJun 24, 2025, 11:26 pm287 pts
Blockchain hardware supplier Canaan announced on June 24, 2025, that it will officially terminate its AI chip business development and return to focusing on cryptocurrency mining machines. Canaan pointed out that the AI business has not generated significant revenue over the long term but has consumed excessive…

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