Canaan Inc

Canaan Inc

Canaan is a blockchain technology company.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts recommend buying Canaan Inc's stock with a target price of $2.94, indicating potential growth.

Average

Financial Health

Canaan Inc is generating moderate revenue and cash flow, but its financial stability needs improvement.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring CAN

SoftBank AI Pivot | Vision Fund Workforce Cuts Signal

SoftBank AI Pivot | Vision Fund Workforce Cuts Signal

SoftBank's Vision Fund is cutting its workforce to double down on artificial intelligence, signaling a major strategic shift. This pivot is expected to channel billions into capital-intensive AI infrastructure, creating a significant tailwind for companies involved in semiconductor manufacturing, data centers, and AI model development.

Published: September 19, 2025

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GPU Cloud Could Power AI Revolution Gold Rush?

GPU Cloud Could Power AI Revolution Gold Rush?

Nvidia's $6.3 billion deal to purchase cloud capacity from CoreWeave highlights the surging demand for AI-driven computing power. This creates a significant investment opportunity in specialized cloud providers and the broader AI infrastructure ecosystem that supports them.

Published: September 16, 2025

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AI Infrastructure: Beyond Oracle's Historic Deal

AI Infrastructure: Beyond Oracle's Historic Deal

Oracle's historic $300 billion deal to provide OpenAI with massive computing power highlights the surging demand for AI infrastructure. This creates a significant investment opportunity in the companies building the essential components for next-generation data centers.

Published: September 11, 2025

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Powering The Cloud: The AWS Build-Out

Powering The Cloud: The AWS Build-Out

Amazon's recent earnings beat was powered by strong growth in its cloud computing division, AWS, prompting a $100 billion investment in AI and cloud infrastructure. This move signals a major opportunity for companies that provide the essential hardware and software for building out the next generation of data centers.

Published: August 4, 2025

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Powering Amazon's $100B AI Expansion

Powering Amazon's $100B AI Expansion

Amazon's strong earnings were driven by its AWS cloud division, which is now set for a $100 billion infrastructure investment. This massive expansion creates a significant opportunity for companies that supply the essential hardware and components for data centers and AI.

Published: August 3, 2025

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Powering The AI Revolution

Powering The AI Revolution

Alphabet is boosting its capital expenditures to build out its AI and cloud infrastructure, signaling a broader industry trend. This creates an investment opportunity in the companies that supply the essential hardware and components for the AI revolution.

Published: July 24, 2025

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Nvidia's China Lifeline

Nvidia's China Lifeline

This carefully selected group of stocks represents companies set to benefit from Nvidia resuming AI chip sales to China. Handpicked by professional analysts, these investments span the entire supply chain from chip designers to the Chinese tech giants who will use this technology to power their AI ambitions.

Published: July 15, 2025

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Nvidia's China Pivot: Resuming AI Chip Sales

Nvidia's China Pivot: Resuming AI Chip Sales

This carefully selected group of stocks represents companies at the center of Nvidia's strategic move to sell compliant AI chips in China. Handpicked by our analysts, these investments span from Nvidia itself to its critical suppliers and Chinese tech companies that will gain access to these specialized GPUs.

Published: July 15, 2025

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China's AI Engine

China's AI Engine

This carefully selected group of stocks represents companies poised to benefit from Nvidia's new export-compliant AI chips for China. Our professional analysts have identified opportunities across the entire semiconductor ecosystem, from chip designers to equipment manufacturers, as China's vast tech sector regains access to advanced hardware.

Published: July 15, 2025

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Musk's AI Gambit

Musk's AI Gambit

This carefully selected group of stocks represents companies that provide the essential hardware and infrastructure powering AI development. As Elon Musk funnels billions into xAI, these "picks-and-shovels" businesses are positioned to benefit from the resulting demand shock across the tech sector.

Published: July 14, 2025

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China's Desert AI Revolution

China's Desert AI Revolution

This carefully selected group of stocks represents companies providing the essential infrastructure for China's massive AI data center expansion in the desert. Professional analysts have identified these picks as key beneficiaries of China's ambitious AI infrastructure build-out, offering you a strategic way to invest in this technological revolution.

Published: July 14, 2025

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Riding Microsoft's AI Wave

Riding Microsoft's AI Wave

This carefully selected group of stocks represents companies powering the AI revolution beyond just Microsoft. Professional analysts have identified these firms in semiconductors, cloud infrastructure, and AI software as positioned to benefit from the massive industry-wide investment surge in artificial intelligence.

Published: July 11, 2025

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Edge Intelligence Toolkit

Edge Intelligence Toolkit

AI is moving from the cloud to the devices you use every day. This collection features companies building the essential hardware and software that makes faster, smarter, and more secure on-device intelligence possible.

Published: June 17, 2025

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Crypto

Crypto

These carefully selected stocks represent companies at the forefront of blockchain technology and cryptocurrency innovation. Handpicked by our professional analysts, these investments offer exposure to the fast-growing digital currency market without directly buying crypto itself.

Published: May 18, 2025

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Why Youโ€™ll Want to Watch This Stock

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Mining hardware focus

Canaanโ€™s core products are ASIC miners and related systems; demand is closely tied to cryptocurrency cycles, so revenues can be volatile.

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AI chip ambitions

The company has explored AI and high-performance computing chips as a diversification route, though competition and execution risk are meaningful.

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Geopolitical & supply risks

Based in China, Canaan faces regulatory, export and supply-chain considerations that can materially affect performance and access to markets.

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Trusted & Regulated

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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Frequently asked questions