We also need to consider the COVID factor inhibiting technology requiring Chip fabrication - there is a global shortage of chips.
Backlog due to COVID shut-downs.
And, a reassessing of supply chains and over reliance on China.
And to make things worse, the sword of Damocles hangs over Taiwan - another chip manufacturing global; power house.
The USA is reassessing its reliance on Asian Chip Fabrication and likely we will see a trend toward repatriating capability to the USA.
Not hard to imagine that under these circumstances the focus is on keeping supply of current in-market chips and less so on new ones. However, you can be sure in the background many companies are furiously conducting R&D to maximise the application of the Akida technology. When the global chip manufacturers clear the backlog and have the capacity to fabricate new devices - a string of announcements will flow in quick succession and BRN will go from a technology minnow to behemoth.
IMO
BRN Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
(20min delay)