Microprocessor volume production catapults Brainchip (ASX:BRN) shares

Company News

by Michael Luu

Brainchip (ASX:BRN)’s announcement of the commencement of microprocessor volume production has catapulted shares in the artificial intelligence (AI) innovator.

The company recognises this as a major milestone for both the company and the industry in the integration of AI into "edge devices for learning, enabling personalization of products without the need for retraining.” Production units are scheduled to be available on the market around August.

Shares in Brainchip (ASX:BRN) are trading 18.9 per cent higher at 63 cents

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.