Investing in Canaan Inc.: Seizing the Golden Opportunity in High-Performance Computing and AI Markets

Leader in ASIC High-Performance Computing Chip Design
Canaan Inc. boasts extensive experience in the design and development of ASIC (Application Specific Integrated Circuit) high-performance computing chips. Since launching the world’s first batch of ASIC-based Bitcoin mining machines in 2013, the company has maintained a technological edge in this domain. In 2018, Canaan released the world’s first 7nm ASIC chip, providing highly efficient computing equipment for the cryptocurrency mining industry. These advanced technologies not only enhance computing power and efficiency but also significantly reduce operational costs for miners​.

Innovator in Artificial Intelligence
Beyond cryptocurrency, Canaan is actively expanding in the field of artificial intelligence. The company’s Kendryte series AI chips have achieved significant progress in edge computing and AI applications. Through its partnership with Pixelworks, Canaan has strengthened its competitiveness in image processing and visual solutions, further broadening the application scenarios and market share of its AI business​.

Robust Global Market and Customer Base
Canaan is committed to global market expansion, maintaining close relationships with customers and partners worldwide. For example, the company secured a large purchase agreement with Cipher Mining Technologies, demonstrating its influence and customer trust in the global market. As the global cryptocurrency market continues to grow rapidly, the demand for Canaan’s products remains strong, providing robust momentum for the company’s long-term development​.

Continuous R&D Investment and Technological Innovation
Canaan’s significant increase in R&D investment underscores its commitment to maintaining a technological leadership position. In 2021, the company’s R&D expenditure reached RMB 332.8 million, a 137.7% increase from 2020. This sustained investment ensures the advancement of new-generation mining machines and AI chips. The company has built a comprehensive IP portfolio, with a total of 156 authorized patents, 70 IC layout designs, and 105 software copyrights​.

Diversified Business Model
In addition to Bitcoin mining machines, Canaan offers a comprehensive range of AI solutions, including AI chips, algorithm development and optimization, hardware modules, end products, and software services. This diversified business model enables the company to capture growth opportunities in various markets and maintain competitiveness in the fast-evolving technology sector​.

Compelling Reasons for Investors
In summary, Canaan Inc. showcases unique advantages in ASIC high-performance computing chip design, AI technology, global market presence, continuous R&D investment, and a diversified business model. These strengths highlight the company’s distinct market position and strong growth potential. For investors seeking high-growth potential and technological innovation, Canaan Inc. is undoubtedly a premium candidate.

Investing in Canaan Inc. is not only a bet on the future prospects of high-performance computing and AI markets but also a trust in a technology company that continuously innovates and breaks new ground. Amid the global technological wave, Canaan will continue to lead the trend, creating more value and bringing substantial returns to investors.