Business
Why the BrainChip (ASX:BRN) share price is charging higher
The BrainChip Holdings Ltd (ASX: BRN) share price has been a positive performer on Tuesday morning.
At the time of writing, the artificial intelligence technology company’s shares are up over 4% to 37 cents.
Why is the BrainChip share price charging higher today?
Investors have been buying the company’s shares this morning after it provided an update on the evaluation boards for its Akida Neuromorphic System-on-Chip (NSoC).
According to the release, the company began shipping the evaluation boards in November.
Management notes that these boards complement its Akida Development Environment (ADE) for Early Access Partners (EAP) that have developed Akida compatible networks.
It explained that the ADE is a robust development…
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