I will open with the fact that I recognize I may get slammed for this opinion but i will give it regardless.
Whilst the current share price movement and very positive presentations in the last few days are all great I am tempering my own enthusiasm to fall in line with my prior post about the outcomes of the AGM (AGM thread).
In saying this I will use FF research you dragged from twitter :
- 7) David Klee Retweeted Stephen Foskett @SFoskett13h@BrainChip_Inc is demonstrating real-time on-chip learning with a single shot and no cloud. If they can get this into production it will revolutionize IoT! #AIFD
Yes we have it in production, depending on the comments on these thread anything from 47K to 1m, but the reality is that BRN have not stated what the run size is. They have stated at the AGM- They have a order in production. Each layer takes one day and there is a one month Q&A period after to ensure the product is at a standard they as a company are satisfied with. This is due in August.
I previously stated that for a first run in a new processing plant (dont forget the first batch was not made at TSMC) that it made sense that a smaller batch run is very sound manufacturing principal to iron out any bugs and reduce any wastage if a manufacturing fault occurs. I think Branded commented that they could run subsequent runs so if it was a 50K run, starting a new run every day will see numbers grown very quick. Agreed but not sure if I would commit that much capacity of TSMC time when there are others waiting (Tesla- pre paying to jump ques) and we haven't done any quality assurance.
So when the production run ends I would be keen to know the following:
1) What volume was made
2) What percentage of faulty chips occurred (i believe the industry standard for faults is at <5%) and
3) Did the chips take the expected 1 day per layer times frame and is this able to be reduced.
The answers to the above will then confirm production costs, demonstrate a scalability to manage large (hopefully HUGE) order/s and give shareholders an ability to assess the value of the stock, which if successful will be grossly undervalued. (IMO)
The above data will then enable holders to truly get excited as will no doubt the ten to thousands of electronic manufactures who are likely awaiting these exact answers, including Stephen Foskett (above quote), to then consider this product for their devices.
It is this confirmation, the subsequent transition period from confirmation and purchase of the IP or Chip to then incorporating the IT into the infinitely variable number of electronic devices that Akida could enhance around the globe before we see a hard product on a shelf (or in car).
So I believe, I love the tech, but the only thing holding this back from the speculative position (agreed just still speculative) we are in, is the answers to the above.
Once we have this then the meme's of rocket ships etc will truly be appropriate.
Until then I will continue to accumulate when I can afford to and expect a bit of market movement but nothing like what will occur once validation of successful mass production and availability.
FF I take your point that the IP is where the vast majority of future income will come from but I just dont know if the sales of the IP are still reliant on the ability to demonstrate mass production, so look forward to your response if you feel so inclined.
Once again my opinion only and hopefully a platform to generate some usefully debate.
Go brainers.
(20min delay)
