Business
Why the BrainChip (ASX:BRN) share price rocketed 57% higher
The BrainChip Holdings Ltd (ASX: BRN) share price was an exceptionally strong performer on Thursday.
The artificial intelligence company’s shares were up as much as 57% to 51 cents at one stage.
While the BrainChip share price ultimately gave back a good portion of these gains, it still ended the day a very impressive 29% higher at 42 cents.
Why did the BrainChip share price rocket higher?
Investors were fighting to get hold of the company’s shares following the release of two positive announcements.
The first announcement revealed that BrainChip has received an order for its Akida Early Access Evaluation Kit from NASA.
According to the release, NASA will use the Akida Early Access Evaluation Kit within its shared service…
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