Analyst Coverage Initiated Stock
Report Date: 06-08-2022
Symbol: CAN - Canaan Inc.
Sector: Technology
Industry: Computer Hardware
Analyst Coverage Initiated: CAN rating Buy by The Benchmark Company
Price Target: $9
Canaan Inc. (CAN)
Hangzhou, ZHEJIANG 100193
Phone: 8689995063
Website: https://canaan-creative.com
CEO: Mr. Nangeng Zhang
Canaan Inc. engages in the research, design, and sale of integrated circuit (IC) final system products by integrating IC products for bitcoin mining and related components primarily in the People's Republic of China. It is also involved in the assembly of system products; and supply chain and distribution of system products. The company has a strategic cooperation with Northern Data AG in the areas of artificial intelligence development, blockchain technology, and datacenter operations. The company was founded in 2013 and is based in Hangzhou, the People's Republic of China.