BrainChip, incredibly has a market cap of around $1.2 billion. To justify this it will need large sustained earnings over years.
The competitive landscape is growing more intense by the minute making it less likely BRN will be able to achieve success.
It appears Applied Brain Research will also be attempting to enter into the race in 2023. Will be a fascinating year ahead in the Edge AI space.
https://appliedbrainresearch.com/products/tsp/
Competitive landscape, page-2809
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $352.6M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.8¢ | 17.3¢ | $1.541M | 8.638M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 1389722 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 471848 | 11 |
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| BRN (ASX) Chart |