Been doing my own research. I’m a newbie investor that bought and sold the pump and made 6k trading BRN and I doubled up for 21k share @ 85 cents.
Yes it haha been an emotional roller coaster. And yes I have been tempted to panic sell.
But I am holding.
BRN got hit hard by the day traders pumping and dumping for a quick buck and that triggered some spooked retail investors panic sell as we got an SP pullback.
But we ended Friday green. More buyers than sellers now.
The chip is being manufactured by TSMC, one of the largest semiconductor companies in the world. These guys make chips for the IPhone 11 and they are now building the first Akida Chips for BRN.
Check this out video inside that shows inside the TSMC semiconductor plant
https://youtu.be/Hb1WDxSoSec
and listen to the end for this quote by Dr Elizabeth Sun, Senior Director of Corporate Comms- TSMC
“The next driver is what we call ubiquitous computing. It is computation everywhere at anytime. All the devices are connected. Billions and billions of EDGE devices, that are smart, that can compute, at any time and can communicate and link. And that will be the future enabled by semiconductors.”
As stated by BRN “BrainChip’s Akida™ is a revolutionary advanced neural networking processor that brings artificial intelligence to the EDGE in a way that existing technologies are not capable. The solution is high-performance, small, ultra-low power and enables a wide array of edge capabilities that include continuous learning and inference.”
So yes, all of us, the BRN shareholders, we are all speculating on the future revenue of BRN.
If BRN is the company that is leading in the development of this semiconductor technology with the Akida chip and if BRN is successful in the commercialisation of Edge computing, then we as BRN share holders will be rewarded for our loyalty with a huge increase in the share price.
Ride the unicorn.
Hold BRN.
Just my opinion. Do your own research.
(20min delay)