BRN Discussion Ongoing

[Bennysmadness]

Any idea if Innoviz are using AKIDA for their Lidar? Just signed a 4B deal with VW and have more sales through BMW. They say sales will be around 8 million units

 

[TECH]

Morning All,

Well, yesterdays podcast was another beauty, Rob bouncy and passionate as always.

Our guest, Jan, was an interesting fellow, a few words I couldn't quite pick up, but a very relaxed, positive commentary overall.

Couple of key things, which have probably already been commented on, they were:

Edge Impulse currently 98,000 projects on the go !!!!!!!! unbelievable !!

Flowing along with around 300 new projects per day, the day prior to the podcast hitting a company record of 490 new projects for the day.

Are we partnered with a loser or a winner, positivity attracts positivity, success attracts success, but in the end, if Brainchip's technology was
a dud, well, none of all these companies, small/medium or big would want anything to do with us.

Rob did elude to the fact that, all the companies he was trying to get to commit to signing a contract, sounds like some cat and mouse games are being played in my opinion, he did laugh, whether that was a nervous laugh or a sign of frustration, I'm not sure, but I did like the comment referring to ALL THE COMPANIES.

I am going to try to get some information on the Akida 2000 reference chip, as in, has it actually been completed, have a small batch of chips been fabbed out yet? Has Anil's team finished the design process ready for taping out etc...I would like to know of any progress, as I am sure you all would like to as well....an update isn't too much to ask for, it's been awhile since we really heard anything on this subject.

Also, I owe Simon Thorpe an email, so I'll see what new information he has to comment on in the world of Neural Networks, I do know that he is working on several projects with companies researching the use of Optical Neural Networks (ONN)....he still holds Brainchip shares I think, I'll check with him on that.

Anyway, take it easy.....Cheers for now......Tech x

 

[TechGirl]

The general public retail potato investor will not understand the significance of this, but the sophisticated investor who understands the industry, and is potentially already invested in BRN, will see this as progress. If the features/benefits of this new product line are comparable (i.e. 20%+ better here, 30%+ better there...) to Akida 1000, then the progress becomes a little more tangible. By this time, the world will have also moved on a little - and investors might actually be a little more receptive than they once were to an ANN of this nature.

Hey Wilzy,

I buy Retail Potatoes all the time, does this mean I am not sophisticated

 

[Proga]

this could be the interview you speak of

https://thestockexchange.com.au/threads/brn-discussion-2022.1/post-73288

Interview with Brainchip (ASX:BRN) CEO Sean Hehir

BrainChip (ASX:BRN) CEO, Sean Hehir, spoke to us about BRN's partnership with ARM and the many opportunities BRN is seeing in the market.

stocksdownunder.com

Marc: Right. Okay. Last question and it’s probably the simplest one for you. Looking at deals with, you know, likes of MegaChips, just for our viewers, can you just briefly explain what revenue looks like and at what stage that comes in?

Sean: Sure, sure. At its simplest level, our revenue model is very much a licensing or an IP model. So, when you sell to a MegaChips or others, they pay, you know, a significant amount of money for that license for a period of time. And they either have a single design or multi-design depending on what they decide to buy. But, you know, it’s a significant purchase for those companies to buy. Then you go through a period…when they produce their products, you get royalties. But I like to describe how that royalty stream looks like. Obviously, there’s a delay. Somebody buys a license. Then they’ve gotta develop their products so maybe a year, two, maybe even three sometimes before the products come.

But when their products start hitting the market, we collect a royalty on each individual product. And so, our modeling, the way we do it is it’s a factor, not a percentage. So, if somebody paid, you know…let’s just say they paid $1 for a license. Obviously, it’s a lot more. We’d expect $3 or $4 or $5 in royalties, not 50 cents. So that’s a way to look at it if you’re trying to model our revenue. As licensees come on more and more, there’ll be a delay but then, quite frankly, the royalties with no cogs come through, and that’s the beauty of this model.

I think what Sean is trying to convey is pay a low licensing fee and you'll pay more in royalties per chip but pay a high licensing fee the royalties will be lower. Either way BRN doesn't miss out. He could have explained it better.

Obviously companies who use Akida will produce at different volumes. The low volume companies won't want to pay $1m upfront just in case it doesn't sell so would prefer to pay the higher royalties as they sell. It's a balancing act.

I only talked about royalties previously. Paying a license fee as well was a given.

 

[Diogenese]

Hi DB,

off the top of my head, I think Qualcomm had not progressed beyond CNN.

What do you think of all this Diogenese, don't Qualcomm have a coupla neuromorphic memrister patents or something, that they've been developing?
I remember a while back, that they had shelved it a few years earlier and then dusted it off, in the last year or something, when Neuromorphic Computing became the technology to have?

These are just vague recollections of mine..

The strongest evidence we have, are from the "like" by Rob and the other guy.

I really do think, that he is not just randomly liking things and is giving us a bit of spice, to keep us going..

"Brain chip is going to kick butt"

Some excellent posts TG

Toad in the hole?

 

[M_C]

 

[Proga]

I literally did not understand whether you were trying to make a point (and if so, what it was....) OR ask a question OR something else?

Sorry. @DingoBorat, @butcherano and I have been discussing the different variations in royalty price per chip BRN is expected to receive. You needed to follow the whole conversation not take 1 comment out of perspective. I do it all the time myself as well.

 

[Esq.111]

Morning Chippers,

Gross shorted stock for yesterday, 3 August 2022.

429,582 units.

Getting back to normal levels of stupidity.

.

Regards,
Esq.

 

[wilzy123]

Hey Wilzy,

I buy Retail Potatoes all the time, does this mean I am not sophisticated

 

[buena suerte :-)]

Hi DB,

off the top of my head, I think Qualcomm had not progressed beyond CNN.



Toad in the hole?

very good

 

[Diogenese]

Hey Wilzy,

I buy Retail Potatoes all the time, does this mean I am not sophisticated

I only buy new potatoes - you never know where the second hand ones have been.

 

[TechGirl]

I only buy new potatoes - you never know where the second hand ones have been.

 

[Deleted member 118]

I only buy new potatoes - you never know where the second hand ones have been.

Dread to think

Doctors warning people not to insert frozen potatoes

People are trying it because they are too embarrassed to go to the doctor

www.walesonline.co.uk

 

[Proga]

Brain chip is going to kick butt

Is the turnaround coming for chip stocks? Intel, Nvidia, BrainChip, Aixtron and AMD

Last year, semiconductors were declared the new gold due to blown-up supply chains and the resulting shortages. After the recent boom and the build-up of overcapacity, the market could now grind to a halt by 2023 at the latest. High inflation, a global economic downturn and a possible recession...

news.financial

August 3rd, 2022 | 12:52 CEST

IS THE TURNAROUND COMING FOR CHIP STOCKS? INTEL, NVIDIA, BRAINCHIP, AIXTRON AND AMD​

• TECHNOLOGY
• AI

Photo credits: pixabay.com
Last year, semiconductors were declared the new gold due to blown-up supply chains and the resulting shortages. After the recent boom and the build-up of overcapacity, the market could now grind to a halt by 2023 at the latest. High inflation, a global economic downturn and a possible recession in the industry could do the rest. Last week, Intel was already in the red with a slump in sales. In contrast, other companies from the chip sector could report positive surprises.
time to read: 4 minutes | Author: Stefan Feulner
ISIN: INTEL CORP. DL-_001 | US4581401001 , NVIDIA CORP. DL-_001 | US67066G1040 , BRAINCHIP HOLDINGS LTD | AU000000BRN8 , AIXTRON SE NA O.N. | DE000A0WMPJ6

TABLE OF CONTENTS:​

• INTEL, AMD, INFINEON, NVIDIA - CATASTROPHIC FIGURES AHEAD
• BRAINCHIP - ENTRY INTO THE MASS MARKET
• AIXTRON - ANALYSTS DIVIDED

---

Full interview

INTEL, AMD, INFINEON, NVIDIA - CATASTROPHIC FIGURES AHEAD​

Horror figures, disaster....! The media did not shy away from superlatives when announcing the results for the second quarter. Intel shocked analysts and investors alike, who subsequently acknowledged this with a share price drop of over 10%. The one-time market leader saw its revenue drop 22% to USD 15.32 billion, alienating a crowd of analysts still expecting USD 18.62 billion.
Adjusted earnings per share were USD 0.29, compared with the expected USD 0.70. The net result was a loss of USD 454 million; last year Intel still generated a profit of almost USD 5 billion. The gross margin fell from 50.4% in Q1 2022 to just 36.5% in Q2 2022.
"The sudden and rapid decline in economic activity was the primary reason for the shortfall, but Q2 also reflected our own execution issues in areas such as product design and ramping up AXG (Accelerated Computing Systems and Graphics Group) offerings," CEO Gelsinger said, explaining the downturn.
The reins have been tightened once again for the full year, and forecasts have been lowered. Management led by CEO Patrick Gelsinger, the world's highest-paid executive at USD 179.00 million last year, expects adjusted earnings per share of USD 2.30. The original estimate was USD 3.60 per share. The revenue target was restated in a range of USD 65 billion to USD 68 billion. Previously, Intel wanted to generate up to USD 76 billion.
It is well known that the problems are homemade, and Intel has been working on restructuring for a long time. Thus, this strong revenue downturn should not be completely transferable to the entire industry. Investors should gain new insights when the competition presents its figures for the second quarter. Advanced Micro Devices delivered yesterday after the close of the stock market, while the German player Infineon plans to surprise positively today, Wednesday. Nvidia, on the other hand, is not expected to attract investors' attention until August 24.

BRAINCHIP - ENTRY INTO THE MASS MARKET​

The next-generation chip is currently being developed by the Australian IP company BrainChip. The novel technology of the Akida chip could see a market shift in the near future that could shake up the incumbents. Another possibility would be the acquisition of the revolutionary technology by a global player, which would likely make BrainChip an attractive takeover candidate. It is no coincidence that the Akida chip was recently accepted into the AI Partner Program by ARM. Mercedes-Benz also relies on the novel technology for its EQXX.
The USP of the innovative processor lies in the fact that it is very low-power, high-performance and promotes the growth of edge AI technology through the use of neuromorphic architecture, a type of artificial intelligence inspired by the biology of the human brain. Experts see it as significantly more efficient than traditional chips, as it can learn independently with each process. Application areas, therefore, revolve around future topics such as autonomous driving, robotics and the Internet of Things.
"Unlocking the future of AI" is what it says on the Company's homepage, which has already opened the door wide to the mass market. After a strong correction and a one-year low at AUD 0.76, BrainChip's stock has recovered sharply and stabilized above the AUD 1.00 level. Akida technology is also in high demand among major players. If further partnerships are announced, the next ramp-up should start. The all-time high was AUD 2.34 at the beginning of the year.

AIXTRON - ANALYSTS DIVIDED​

The Herzogenrath-based Company already announced its figures for the second quarter at the end of July. Aixtron benefited from high demand from almost all end markets and recorded the highest order intake since 2011. It amounted to approximately EUR 283 million in the second quarter, 7% higher than a year earlier. At the half-year mark on June 30, 2022, a total of EUR 314 million was on the books. Sales grew by around 51% to EUR 102.5 million, and the gross margin was 37%, as in the same period last year. EBIT tripled to EUR 17.2 million. As a result, profits doubled to EUR 17.3 million.
The MDAX member expects order intake to be between EUR 520 million and EUR 580 million for the full year. Sales should be between EUR 450 million and EUR 500 million, with a gross margin of around 41%.
Various analyst houses expressed different opinions here. Private bank Berenberg raised its price target for Aixtron from EUR 26 to EUR 28 after quarterly figures and left its rating at "buy". In contrast, DZ Bank is significantly more pessimistic and downgraded the stock from "buy" to "sell". The price target was also lowered from EUR 27 to currently EUR 22.

---

After the strong correction in chip stocks, the second quarter number season is now upon us. The former market leader, Intel, disappointedbut has internal restructuring problems. On the other hand, AMD, Infineon and Nvidia could see a turnaround. BrainChip is on the verge of a breakthrough in the mass market and has high growth potential in the long term.

Anyone know the readership of news.financial? Is it mainstream or niche? Anyway it is still great to see BRN being mentioned more outside the tech publications and spreading into financial publications. The word is getting out. The snowball is growing. Less people will be asking what is neuromorphic computing and instead will be saying "holy shit". How long has this been going on?

 

[Deadpool]

Dread to think

Doctors warning people not to insert frozen potatoes

People are trying it because they are too embarrassed to go to the doctor

www.walesonline.co.uk

OMFG, you know in days gone past when you used to buy a new car it came with all the mechanical setting /tolerances for service requirements , now it has warning signs attached to coolant reservoirs and the like "do not drink" The world is just getting dumber and dumber

 

[buena suerte :-)]

899 buyers for 8,070,374 units
V
502 sellers for 5,539,240 units

A few games going on today!!

 

[Bravo]

OMFG, you know in days gone past when you used to buy a new car it came with all the mechanical setting /tolerances for service requirements , now it has warning signs attached to coolant reservoirs and the like "do not drink" The world is just getting dumber and dumber

Drats! I'm never going to be able to eat potato stuffed buns again without thinking about that article!

 

[TechGirl]

Nice to see other publications picking up our story

Edge Impulse Releases Deployment Support for BrainChip Akida Neuromorphic IP

Edge Impulse, the leading platform for enabling ML at the edge, and BrainChip, the leading provider of neuromorphic AI IP technology

aithority.com

Edge Impulse Releases Deployment Support for BrainChip Akida Neuromorphic IP​

MACHINE LEARNINGNEWS

By AIT News Desk On Aug 3, 2022


Edge Impulse, the leading platform for enabling ML at the edge, and BrainChip, the leading provider of neuromorphic AI IP technology, announced support for deploying Edge Impulse projects on the BrainChip MetaTF platform.

Edge Impulse enables developers to rapidly build enterprise-grade ML algorithms, trained on real sensor data, in a low to no code environment.
These trained algorithms can now be quantized, optimized and converted to Spiking Neural Networks (SNN), which are compatible and can be deployed with BrainChip Akida devices. This capability is available for new and existing Edge Impulse projects by using the BrainChip MetaTF model deployment block integrated on the platform. This deployment block enables free-tier developers and enterprise developer users to create and validate neuromorphic models for real-world use-cases and deploy on BrainChip Akida development kits.

A reference project targeting image classification is publicly available as an Edge Impulse public project, giving experts a head start with developing algorithms for the next generation of neuromorphic computing. Machine Learning experts will be able to create Akida-compatible models using the Edge Impulse expert mode within the learning block and using the BrainChip MetaTF model deployment block to use Tensorflow based models, and quantize them to complete or mixed low-precision bits, from 1 to 4 bits. It also allows the implementation of quantization-aware training to help retain the performance. Finally, the optimized model can be converted to Akida-based SNN networks and experts will be able to download them to deploy on BrainChip Akida development kits. Experts also see performance metrics, Akida model summary, and configuration data.

“We’re extremely delighted to support BrainChip’s proliferation of their Akida technology,” said Jan Jongboom, CTO at Edge Impulse. “The combination of BrainChip’s advanced technology and Edge Impulse’s industry-leading developer experience gives users an easy and seamless way for deploying ML at the edge using efficient and essential SNNs algorithms that helps the advancement of solving real-world problems of all types.”

Edge Impulse is widely used to rapidly develop, deploy, and maintain ML algorithms across the industry where security, low-power, and remote deployment needs require intelligence at the edge. BrainChip’s Akida IP promises to massively increase the processing capability and efficiency of such applications. Edge Impulse continues to improve access to the BrainChip Akida technology and has started to integrate BrainChip’s MetaTF Software Development Environment so that those new to ML and Akida can more easily incorporate the benefits of the technology in their projects.

“Being the commercial leader in edge AI on-chip learning and neuromorphic AI IP availability, it is critical for BrainChip to establish our ecosystem with key partnerships and technology leaders such as Edge Impulse,” says Anil Mankar, Chief Development Officer at BrainChip. “Working together, both companies are creating an advantage for the ML community. This is only the beginning of how we see our Akida technology expanding into the ecosystem.”

 

[Boab]

899 buyers for 8,070,374 units
V
502 sellers for 5,539,240 units

A few games going on today!!

The sell side is being continually re-loaded. Going to be tough to make any break through today.

 

[buena suerte :-)]

The sell side is being continually re-loaded. Going to be tough to make any break through today.
View attachment 13310

My thoughts exactly ... maybe a little run up last 15 mins??