There's both sides.
One is the rampant speed of the space will put a higher price tag for BRN. When F500's chase a space, it shows it something worth chasing for. If a hardware AI company gets chewed up for $1B, BRN will float to similar levels.
Other is bad for BRN which is if they have a superior product which we cannot tell at this time. BrainChip is going to launch SNAPVision this quarter and in general the SNAP tech is patented. Google's stuff is secretive but appears different to BRN.
Google Rattles the Tech World With a New AI Chip for All, page-2
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $399.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 20.8¢ | $1.169M | 5.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 78136 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 715071 | 11 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |