ASIC miner manufacturer Canaan has completed a pilot production launch in the United States, a company representative told Cointelegraph.
The company has also abandoned the development of AI chips.
Canaan described this move as a “strategic restructuring to enhance focus.”
“I believe that focusing on our core strengths in crypto infrastructure and Bitcoin mining is the most strategic path for Canaan,” stated CEO Nangeng Zhang.
The U.S. production aims to shorten supply cycles and respond more swiftly to local demand. Canaan representatives acknowledged that manufacturing costs in the U.S. are higher. However, the company views this not merely as a tariff shield but as a “strategic investment in long-term sustainability.”
Currently, Canaan’s products from Malaysia are subject to a 10% duty.
Canaan has pledged that operations will comply with American technology and safety standards.
In April, Hashlabs CEO Jaran Mellerud predicted a surge in ASIC miner imports to the U.S. amid a “tariff pause”.