2020 BRN Discussion, page-12115

I can see why many shareholders did panic sell in the last few days. I read an article on The Money Fool in September 15what includes “It is also worth noting that the company doesn’t have the largest market opportunity for its technology. It estimates that the Neuromorphic Chip Market was worth US$111 million in 2019 and will grow to US$366.14 million in 2025.”

From what I learn, BRAINCHIP is working on Edge AI chips which is predicted by Deloitte in December 2019“We predict that in 2020, more than 750 million edge AI chips—chips or parts of chips that perform or accelerate machine learning tasks on-device, rather than in a remote data center—will be sold. This number, representing a cool US$2.6 billion in revenue, is more than twice the 300 million edge AI chips Deloitte predicted would sell in 2017—a three-year compound annual growth rate (CAGR) of 36 percent. Further, we predict that the edge AI chip market will continue to grow much more quickly than the overall chip market.By 2024, we expect sales of edge AI chips to exceed 1.5 billion (double of 2020), possibly by a great deal.3 This represents annual unit sales growth of at least 20 percent, more than double the longer-term forecast of 9 percent CAGR for the overall semiconductor industry.”

It is clearly that Akida EDge AI chips if works, will have a huge market but The Money Fool confuse between two chips. I just do not understand why they could make such mistake.