Long term observers of the MF will be aware of how they switch and claim credit were none is due but what does tend to follow their changes in attitude is a period of general market acceptance of a companies potential. The US markets reversal and this change of sentiment might herald a positive start to the week.
I personally am expecting Nviso and SiFive to be great assets to Brainchip. Both are well run and well connected and hungry for global profile.
SiFive having the intention to go public in the US later in the year are spending big on creating brand awareness with private venture capital driving and funding this campaign they are a shooting star for Brainchip to ride over the next six months.
Nviso is partnered with major companies and is not being backward in giving credit to Brainchip and its AKIDA technology solution.
The endorsement of Brainchip by Mercedes proclaiming them to be the artificial intelligence experts has given Nviso and SiFive the perfect platform to build on.
I may very well be wrong but the Brainchip billboard signals to me that the days of navigating around the back streets are now behind us and the Brainchip bus has finally turned onto the motorway.
My opinion only DYOR
FF
AKIDA BALLISTA
“These 2 ASX tech shares have escaped obliteration so far this year
These tech companies have charged forth despite a bitter tech winter.
The post These 2 ASX tech shares have escaped obliteration so far this year appeared first on The Motley Fool Australia. –
Despite the carnage that has befallen the tech sector this year, there are a few ASX tech shares that have managed to hold their own.
In light of the implosion across much of the tech sector so far in 2022, it might be insightful to see which ASX tech shares have dodged the damage dealt by markets shifting away from ‘risk-on’ assets.
Here are two tech companies with a positive share price performance since the start of this year.
Tech heads staying above water
The
S&P/ASX All Technology Index (ASX: XTX) is down close to 32% since 1 January 2022. At present, this compares to a 7% fall across the much broader
S&P/ASX 200 Index (ASX: XJO). In even greater contrast, the utilities and energy sectors are up 20% and 25% respectively.
But a few ASX tech shares have managed to buck the trend, heading north year-to-date (YTD).
Computershare Limited (ASX: CPU)
Rising from the ashes of a burnt-out sector, Computershare is the stock transfer company that has defied the odds this year. It appears investors are content with how the $14.5 billion company has proven to be profitable and pay a consistent
dividend.
At the end of December 2021, Computershare recorded US$208.5 million in earnings from US$2.35 billion in revenue. Currently, the company is offering a dividend yield of 2%, which is in line with the industry average.
Since the start of the year, this ASX tech share has garnered enough optimism to push it 16.4% higher. Additionally, as my Foolish colleague Brendon Lau recently pointed out, Computershare has been noted as a
potential winner in a rising rate environment.
Brainchip Holdings Ltd (ASX: BRN)
This next share is likely to not only leave tech investors envious, but ASX investors in general. With a 35% gain YTD, Brainchip takes the cake as an ASX tech share that has avoided the recent turmoil.
The artificial intelligence company enjoyed an explosive rally in January during a flurry of announcements. At that time, the Brainchip share price surged as much as 170% in the space of three weeks. Since then, shares have retreated with a few
volatile bumps and dipsalong the way.
Unlike Computershare, this ASX tech share currently lacks any meaningful amount of revenue. Yet, it seems shareholders are adamant they don’t want to miss out on any potential future success, as they hold their shares tightly.”
life is so so mate have endured a lot of bullshit last two years. Hope all is well for you and those you love.
