BRN 4.55% 21.0¢ brainchip holdings ltd

@uiux, I am here for the long term. My reason for investing in...

  1. 316 Posts.
    lightbulb Created with Sketch. 133
    @uiux, I am here for the long term. My reason for investing in Brainchip is its technology. I think that individuals with a background in engineering, have researched AI to some degree or followed its growth over the past decade are probably excited for the applications that it has.

    As you point out, it is the "swiss army knife" of AI processors. Because it is sensor agnostic and provides on-chip learning without any type of cloud connectivity, I can already think of several applications for Akida once its IP has been incorporated into certain types of products.

    What I saw happen over the past few days, while exciting, had to end at some point. I think if anything, it helped push the stock price away from being undervalued. I'm looking forward to the patent and earnings announcements and hopefully, the exposure that Brainchip has had this past month will land some more IP deals from OEM manufacturers in other markets that sell to multiple vendors.

    I think of buying into Brainchip like buying into Intel, Qualcomm, or Nvidia while they were first starting out in their humble beginnings. I certainly don't fault those wishing to make a profit in the short term, but as the moral of the old Aesop fable "The Tortoise and the Hare" goes, "slow and steady wins the race".
 
watchlist Created with Sketch. Add BRN (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
-0.010(4.55%)
Mkt cap ! $389.7M
Open High Low Value Volume
22.0¢ 22.5¢ 21.0¢ $1.369M 6.383M

Buyers (Bids)

No. Vol. Price($)
26 965491 21.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 257670 7
View Market Depth
Last trade - 16.10pm 13/06/2024 (20 minute delay) ?
Last
21.0¢
  Change
-0.010 ( 4.55 %)
Open High Low Volume
22.3¢ 22.5¢ 21.0¢ 4632726
Last updated 15.59pm 13/06/2024 ?
BRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.