Brief: Canaan Inc. Announces Strategic Realignment
23/06/2025 11:36
June 23 (Reuters) - Canaan Inc CAN.O: CANAAN INC. ANNOUNCES STRATEGIC REALIGNMENT CANAAN INC - ANNOUNCES STRATEGIC REALIGNMENT TO FOCUS ON CRYPTO BUSINESSES CANAAN INC - TO DISCONTINUE NON-CORE AI SEMICONDUCTOR BUSINESS CANAAN INC - EXPECTS SIGNIFICANT DECLINE IN OPERATING EXPENSES AFTER DISCONTINUATION Source text: ID:nPn3SYBtYa Further company coverage: CAN.O ((Reuters.Briefs@thomsonreuters.com;))