币界网报道：Canaan, a publicly traded crypto miner, announced plans to shut down its non-core AI semiconductor business unit within months as part of a strategic realignment. The ASIC chip division for AI edge computing accounted for 15% of FY2024 operating expenses ($142.8M total) while generating only $900,000 in revenue. CEO Nangeng Zhang stated the company will now focus resources on core operations including Bitcoin mining machine sales, self-mining, and consumer mining products, calling this shift "the most strategic path forward" to drive sustainable growth and shareholder value. Canaan had been seeking buyers for the AI unit since March 2022. The company reported $269.3M in 2024 revenue, while its stock (CAN) fell 5.3% to $0.58 on Monday, marking a 75% YTD decline with a $241M market cap.