- Canaan Inc (NASDAQ:CAN) announced it is launching an independently designed and developed RISC-V-based edge AI chip Kendryte K510 at the 2021 World Artificial Intelligence Conference.
- The original data flow computing technology of the K510 improves the chip’s computing power by three times.
- The K510 is highly customizable and capable of empowering developers in their execution of scenario-based development.
- The K510 can serve UAV high-definition aerial photography, high-definition panoramic video conferences, robotics, STEAM education, driver assistance scenarios, and industrial and professional cameras.
- Price action: CAN shares traded lower by 8.50% at $6.57 on the last check Thursday.
Earnings Scheduled For November 29, 2021
Companies Reporting Before The Bell
• Quhuo (NASDAQ:QH) is expected to report quarterly earnings at $0.11 per share on revenue of $180.09 million.