I see a lot of people are rubbing salt into people's wounds
...not nice!
If you are in a financial position to be a long term holder then it's ok, Brainchip will bounce back just as quick as it is crashing...big announcements will come through in the next year, IMO. I can feel the pain for those that have lost big buying having to sell out.
To me it is what it is atm with the SP but the real facts does not change. Brainchip is still the current leader in neuromorphic computing. Unless neuromorphic computing will never eventuate in the tech space, then I'm still backing Brainchip to have a spectacular U-turn in the very near future. This article,
https://www.ft.com/content/61d5b168-1e5e-4837-b830-1e6dd4d6f276 , may predict what will happen in the next year. Mr Son from SoftBank which owns ARM, have plans to invest 10's of billions in AI and to give NVIDIA and Qualcomm a run for its money. Since Sean came to Brainchip, he literally have been grooming Brainchip with ARM's latest architecture for AI and in his last interview or podcast, he has confirmed that the ARM/Brainchip chip will be rolled out very soon.
How does ARM compete with NVIDIA and Qualcomm in the AI space?...Yes, neuromorphic computing, more specifically, Brainchip's Akida. This is what will distinguish ARM from NVIDIA and Qualcomm in the future AI space, and Mr Son along with other Japanese tech companies will leverage Brainchip's IP to compete with US tech companies in this space. Neuromorphic computing will be the Japanese revival of tech dominance. Whilst the US have been all hyped up about generative AI, the Japanese have been more focused on edge AI including robotics and they will take generative AI to the edge which is where generative AI is meant to be in order to be a more functional AI tool.
Brainchip's Akida will definitely find its way into most future gadgets...but whether Brainchip can endure the current storm to remain an independent company or be taken over is another matter.
Above is just my opinion so DYOR.
Wish everyone who has seriously invested in Brainchip all the best and stay cool
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