Connect with us

Business

Why the BrainChip (ASX:BRN) share price is rocketing 27% higher today – The Motley Fool Australia

The BrainChip Holdings Ltd (ASX:BRN) share price is charging higher on Wednesday after releasing an update on its Akida technology…

Published

on

Article feature image

The BrainChip Holdings Ltd(ASX: BRN) share price is rocketing higher on Wednesday.
In early trade, the artificial intelligence (AI) technology company’s shares are up a massive 27% to 67.5 cents.
Why is the BrainChip share price rocketing higher?
Investors have been buying the company’s shares after it announced the start of volume manufacturing of its Akida AKD1000 neuromorphic processor chip for edge AI devices.
According to the release, the engineering layout for BrainChip’s high-performance,…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending