Would love to see a ASX speeding ticket right now, with BRNs reply,...........................
I don’t subscribe but @Bravo posted the article. As much as it pained me I read it again just now and extracted the following:Hi FF, I don't subscribe to MF, so haven't seen the article you mentioned. However if it bags BRN as you say, then my observation about the share price being influenced the opposite of what is recommended is true then as we have seen since Sunday BRN rise both yesterday and today. Happy times, thanks MF you fools
No ticket with such low volume. If there was any less volume we'd have to change our ticker to $TMH.Would love to see a ASX speeding ticket right now, with BRNs reply,...........................
"In our opinion the s/p increase is due to the facts that , NASA, ARM, SIFIVE ,PROPHESSE have all stated their collective
partnerships with us. As we weren"t permitted under the ASX rules to disclose such partnerships, we just believe the .........
"SHARE PRICE IS DOING WHAT THE SHARE PRICE WILL DO"
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I don’t subscribe but @Bravo posted the article. As much as it pained me I read it again just now and extracted the following:
“For example, its partnership with NASA was big news back in 2020 and is still talked about today as a reason to invest in BrainChip. But this seems to have ended after just three weeks on 18 January 2021 based on NASA data. It’s also worth noting that there was no mention of NASA in its most recent annual report.”
I am sure @Bravo will let you read the whole thing.
My opinion only DYOR
FF
AKIDA BALLISTA
Is that Akida driven cam footage of FF
That is so funny. Your timing is impeccable. Been thinking about how Renasas has been trying to corner the ADAS market all day. Almost added a comment about it to my reply to FF 10 minutes ago.I've read "Cariad" mentioned here a few times before. This of any relevance to the 1000 eyes?
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VW, Bosch get OK from German cartel office to start self-driving cooperation
VW's software unit, Cariad, and Bosch announced in January that they would work together on autonomous technology to catch up with rivals including Tesla and Mercedes.europe.autonews.com
I left off the bit where Scott has five better stocks to invest in because we all know this but I have been puzzled why it is never a different number say 7, 8 or 1,000 or any number other than 5.I don’t subscribe but @Bravo posted the article. As much as it pained me I read it again just now and extracted the following:
“For example, its partnership with NASA was big news back in 2020 and is still talked about today as a reason to invest in BrainChip. But this seems to have ended after just three weeks on 18 January 2021 based on NASA data. It’s also worth noting that there was no mention of NASA in its most recent annual report.”
I am sure @Bravo will let you read the whole thing.
My opinion only DYOR
FF
AKIDA BALLISTA
3:41:07 PM | 0.935 | 122,918 | 114,928.330 | ASX |
3:41:07 PM | 0.935 | 100,000 | 93,500.000 | ASX |
3:41:07 PM | 0.935 | 100,000 | 93,500.000 | ASX |
Brought my shares at 0.85 and even crypto going up
Won't happen unfortunatelyWould love to see a ASX speeding ticket right now, with BRNs reply,...........................
"In our opinion the s/p increase is due to the facts that , NASA, ARM, SIFIVE ,PROPHESSE have all stated their collective
partnerships with us. As we weren"t permitted under the ASX rules to disclose such partnerships, we just believe the .........
"SHARE PRICE IS DOING WHAT THE SHARE PRICE WILL DO"
![]()
Who wouldn’t like the sixth best stock on the ASX for five years running.I normally never even read Motley Dickheads crap but I just stumbled across this, how hot & cold are their opinions, today they like us again
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How Brainchip shares gained 63% in a year when tech stocks nosedived
The computer hardware provider was once considered a meme stock. So is it fair dinkum now?www.fool.com.au
How Brainchip shares gained 63% in a year when tech stocks nosedived
The computer hardware provider was once considered a meme stock. Is it fair dinkum now?
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@TonyYooAUS
Tony Yoo❯
Published July 5, 8:00 am AEST
BRN![]()
Image source: Getty Images
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Regular readers of The Motley Fool will already know it has been a tough year for technology stocks.
Sentiment turned against growth shares late last year, and there is no industry so dominated by expansionist businesses as the biotechnology sector.
In fact, the S&P/ASX All Technology Index (ASX: XTX) has tumbled more than 40% since mid-November.
Yikes.
But amid the carnage, there is one flower still standing and thriving.
How did a tech stock rise 63% in the last 12 months?
Over the 2022 financial year, US-based artificial intelligence chip maker Brainchip Holdings Ltd (ASX: BRN) took its share price from 49 cents to 80 cents.
That’s an impressive 63% gain during a time when its peers saw their valuations collapse.
So how did it achieve such a feat?
Although still in a pre-revenue stage, the business seems to be impressing the market with incremental deals that suggest its technology might actually have a future.
These include partnerships with space agency NASA and car maker Mercedes Benz Group AG (FRA: DAII).
“The Akida chip is designed to think like a human brain and it can be used for a variety of purposes worldwide,” reported The Motley Fool colleague Aaron Teboneras.
“These include in the manufacture of smart cars such as the Mercedes EQXX concept car as well as in-home automation, unmanned aircraft, medical instruments, cybersecurity, and more.”
To top off this journey to legitimacy, the ballooning share price meant Brainchip shares were welcomed into the S&P/ASX 200 Index (ASX: XJO) last month.
This inclusion forced many institutional investors to buy into the stock for funds that are tied to the composition of the flagship Australian index.
Meme stock no more?
It’s a long way from 2020 when Brainchip shares were derided as a meme stock, months before anyone had heard of GameStop Corp (NYSW: GME).
Its share price skyrocketed from eight cents to 97 cents in a matter of weeks after amateur traders on internet forums bid the price upward.
Back then, the company had not shown enough for the public to even judge whether its products existed.
But two years since then, while the business is still not making meaningful revenues, partnerships with established companies seem to be giving investors more confidence.
The Motley Fool’s Teboneras picked it as a stock to buy last month.
“Valued at $1.95 billion, BrainChip is still a relatively emerging, pre-revenue company that is looking to dominate the AI market,” he said.
“Should BrainChip be able to deliver on its potential, I think its share price is extremely attractive at its current price.”