BRN Discussion Ongoing

Makeme 2020

Regular
Finally wiped 1.25........Does anyone want some used burnt SHORTERS.............
 
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Yes we have a bunch of patents but are they specific to the edge is what the article is saying imo.

Start patenting specific edge solutions combing say Akida and SiFive and hmmmm

Didn't Intel acquire a Risc-V company recently? Can't recall who but if correct then they see merit in that solution.
"Didn't Intel acquire a Risc-V company recently? Can't recall who but if correct then they see merit in that solution"

Umm maybe you're thinking about this one Fullmoonfever..

Intel's Attempt to Acquire SiFive for $2 Billion Fell Apart, Report Claims​


It wasn't that long after, that BrainChip made a partnership with them! 😛

I think the vibe was, that Intel was too stingy, to make a deal that satisfied SiFive, so fat chance they will make a deal that BrainChip would accept! 😂
 
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Slymeat

Move on, nothing to see.
$1.46 will give our European friends their € 1 party and a $US 1 party to boot. It‘s getting close for them now.

Our US friends only need $1.44 AUD but I’d rather give them all reason to celebrate.
 
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buena suerte :-)

BOB Bank of Brainchip
VERY NICE

849 buyers for 8,000,699 units

309 sellers for 3,349,423 units
 
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F

Filobeddo

Guest
Get those Fkning Shorters 😂

Who doesn’t Love a Bull run ;)

michael c hall GIF
 
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Diogenese

Top 20
New Motley Tool Article, BRN is in the good books today for anyone who wishes to read.


BrainChip share price powers ahead amid quarterly update​

BrainChip shares are heading north on Wednesday.


Aaron Teboneras
Published July 27, 12:06 pm AEST
BRN
Rising arrow on a blue graph symbolising a rising share price.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Key points​

  • BrainChip shares are racing 4.21% higher to $1.21 during trade
  • The company reported cash receipts of US$1.2 million for the quarter, up from US$200,000 in Q1 FY21
  • At 30 June, BrainChip had US$28.4 million in cash
The BrainChip Holdings Ltd (ASX: BRN) share price is on the move today.
During early morning trade, the artificial intelligence (AI) technology company’s shares soared to an intraday high of $1.23.
However, since then it has sightly retraced to $1.21, up 4.21% at the time of writing.

What’s driving BrainChip shares higher today?

Despite the S&P/ASX All Technology (ASX: XTX) sector losing ground today, investors are bidding up the BrainChip share price following the release of the company’s latest quarterly update.
According to the release, BrainChip provided its financial performance and activities report for the quarter ending 30 June 2022.
For the period, BrainChip recorded cash receipts of US$1.2 million. This represents a significant increase on the US$200,000 reported in Q1 FY22.
BrainChip noted that it secured key commercial partnerships with a number of strategic technology and artificial intelligence (AI) software leaders. Combining the respective technologies offers chip designers to optimise and deploy AI and machine learning (ML) technology at the edge.
In addition, net operating cash outflows came to US$2.8 million compared to US$5 million in Q1 FY22.
The company continued to increase its marketing and branding with US$969,000 spent during the quarter.
However, the biggest cost came from its research and development which totalled US$1.7 million.
At the end of the period, BrainChip had US$28.4 million in cash, down from US$31.2 million in the prior quarter.
Based on the above, the company has an estimated 2.5 years (10 quarters) left of available funding without raising capital.

What’s next for BrainChip?

Looking ahead, BrainChip said it will focus on deepening existing customer relationships and converting technical evaluations in the coming quarter.
It intends to continue investing in the development of the next-generation Akida IP to extend its technological lead.

BrainChip share price snapshot

In the past month, the BrainChip share price has soared by almost 30% as investor excitement heats up. The company has been busy executing the commercialisation of its Akida neuromorphic IP.
Year-to-date, BrainChip shares are up by more than 75%.
... but we have 5 stocks we recommend investing in, and they don't include BRN.
 
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Cyw

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Slymeat

Move on, nothing to see.
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Sprocket68

Emerged
wow 1.25 wiped
 
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Slymeat

Move on, nothing to see.
I think Andrew has committed the logical fallacies of basing an argument on a false premise and of arguing from the particular to the general, or, more academically, some people may think he's talking through his arse.

Clearly there is a dissonance between Andrew's classification system and the real world.

... but we have 5 stocks we recommend investing in, and they don't include BRN.
At last—someone else who understands logical fallacies.
 
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Xray1

Regular
Patent Forecast® predicts that if this partnership produces patent activity in the edge computing sector, then Intel will acquire both companies. Intel holds the most patent assets in the edge computing sector with two-hundred and thirteen (213) patent assets, and if Intel wants to retain its control of the edge computing market, then it will have to provide a way of bringing AI and ML to edge computing.
At the AGM, was it not mentioned that some 50 new patents were going to be lodged by the Co soon.
 
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Slade

Top 20
Moral of the story, never ever doubt BrainChip, and never fear a BRN 4C. Happy Days!
 
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Slymeat

Move on, nothing to see.
90M odd shorts and only 3.4M for sale. You couldn’t write a funnier script than that. PMSL.🤣🤣
 
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Newk R

Regular
Just noticed 125.5 k sells at 1.255
 
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Makeme 2020

Regular
At the AGM, was it not mentioned that some 50 new patents were going to be lodged by the Co soon.
I Believe so.?
 
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mkm109

Regular

chapman89

Founding Member
If US$1 million in revenue can move us 8%, just imagine what US$10 million will do in a few quarterlies time.
 
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Makeme 2020

Regular
Next step up is 1.26...........
 
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Makeme 2020

Regular
Got it wiped 1.26..........
 
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Filobeddo

Guest
Or a spot of Ooompa Loompa throwing :LOL:

Celebrating Leonardo Dicaprio GIF by Jordan Belfort
 
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