BRN Discussion Ongoing

[Diogenese]

So if the insto's lent out shares, then they too would now have lost a fair amount seen as that the shorters forced the price down. That should be a lesson one would think.

... if this were the first time it ever happened ...

... but the lesson goes unlearnt.

 

[HopalongPetrovski]

Well we're out of the ASX 200 now huh..

I guess we didn't make enough revenue or progress, to warrant staying in.

Neuromorphic A.I. apparently has no future.


Interestingly, Liontown Resources (LTR) are now in the ASX 100 and still with zero revenue.

But they do have a shitload of lithium in the ground and lithium has a rock solid position, as the material for batteries, for the foreseeable future right?? ..

That's the difference, between how technology stocks and mining stocks are valued on the ASX.

BrainChip will change that.

I think it is basically for two reasons.

1. Insufficient and inconsistent revenue up to this point in time.
This makes us virtually impossible to judge by the metrics they apply.

2. Lack of ongoing signed, sealed and acknowledged known contracts.
We here are aware of just how much is going on behind the scenes but we have also seen the negative attacks by some of the financial press,
certain stock recommendations spruiker's and other assorted WANCA's out there.

Our day will come, in the hopefully not too distant future, when we will have those conditions above covered in spades, and we will sail through
the ASX200 on our way to bigger and better things.

 

[SERA2g]

Hi Rob

I was reading this paragraph and was left wondering whether the sentence is poorly structured. Ie, the August 2023 reference is to the timing of when the customers decided to defer their evaluations of Brainchip's technology, instead deciding to wait for gen 2 to be released which is as Tech suggests expected to be released end of September.

If that's the case then whoever wrote the paragraph needs to write better the paragraph was worded terribly.

If as you say, the statement is suggesting that Gen 2 is due for release in August 2023, and the announcement is confirming this circa 4 days before the end of the month then they not only miss August but miss it by almost an entire month, then that would be inexcusable. There'd be reasons i'm sure but you can't committ to a date 4 days out and miss it by 30 days. That's just poor communication/management.

As Jesse mentioned, the board run on US time so perhaps this is all for naught and we'll receive an announcement tomorrow on the 1st of September.

If not then I think the first sentence in this post is the reason for the confusion rather than it being a missed deadline.

Edit. I'm going to ask Tony Dawe, will report back when/if I receive a response.

If we don’t get out shit together soon, we’re going to fade into insignificance. A very disappointing day, especially considering tye great start we had to it.

Also, where the fuck is AKD2000? Did anyone follow up with Tony out of interest?

I got a response which effectively indicated that nothing has changed and 2.0 is still expected to be released and available in IP in late Q3 (September) as reported by Sean Hehir in the June quarterly.

I then probed further to get clarification on why August 2023 was mentioned in the Half Yearly report, no response.

I assume you were correct in your #4 addition to my list of possible outcomes being it was a mistake that was missed when proof reading.

If so, not great that these errors are still occurring but bigger picture is still promising in that the late Q3 release still seems to be on track.

Edit: sorry for late follow up, been a hectic day with end of month... Plus I've been HOOOOVERING shares all day (joking)

 

[HopalongPetrovski]

Why would they sell down at a loss?

Financial prestidigitation. It only appears they have lost.

 

[Boab]

The Brainchip team trying to score their next IP contract.

 

[Cartagena]

Well we're out of the ASX 200 now huh..

I guess we didn't make enough revenue or progress, to warrant staying in.

Neuromorphic A.I. apparently has no future.


Interestingly, Liontown Resources (LTR) are now in the ASX 100 and still with zero revenue.

But they do have a shitload of lithium in the ground and lithium has a rock solid position, as the material for batteries, for the foreseeable future right?? ..

That's the difference, between how technology stocks and mining stocks are valued on the ASX.

BrainChip will change that.

Correct, the funny thing is most small cap mining stocks are also pre revenue just like Brainchip. I think Australia is starting to appreciate technology stocks and it's very important to support companies based here especially ones with a global focus like Brainchip and even the government should be getting behind our company in ways such as grants, funding, joint venture contracts.. Generative and Edge AI is what will drive our economy in the future. It is very narrow minded how the markets see us and once the signed contracts start rolling in I'm sure this will be the tipping point...

 

[Cartagena]

Why would they sell down at a loss?

Good point

 

[Cartagena]

Correct, the funny thing is most small cap mining stocks are also pre revenue just like Brainchip. I think Australia is starting to appreciate technology stocks and it's very important to support companies based here especially ones with a global focus like Brainchip and even the government should be getting behind our company in ways such as grants, funding, joint venture contracts.. Generative and Edge AI is what will drive our economy in the future. It is very narrow minded how the markets see us and once the signed contracts start rolling in I'm sure this will be the tipping point...

The top 10 IoT chipset and edge trends—as showcased at Embedded World 2023​


April 3, 2023

Kalpesh Baviskar

---

In short​

• Some of the latest IoT chipset and edge trends were on full display at the 2023 Embedded World Exhibition & Conference (in March 2023).
• As part of the Embedded World 2023 conference report, our team identified 19 industry trends related to IoT chipsets and edge computing, 10 of which are highlighted in this article.

Why it matters​

• Embedded World is one of the world’s most important fairs for embedded systems. Technologies showcased in the fair are widely applicable to any company dealing with computerized hardware or the Internet of Things.

---

DOWNLOAD REPORT SAMPLE

About Embedded World 2023​

Embedded World, a leading event for the embedded systems community, was back in action a few weeks ago. The event that took place from 14 March to 16 March 2023 in Nürnberg, Germany, showcased, once again the latest developments and innovations in embedded systems, embedded software, chipsets, edge computing and related topics.

Attendance, although up 55% from the previous year, fell slightly short of reaching pre-pandemic participation levels, with a 16% decrease compared to 2020 (27,000 visitors in total).

IoT Analytics had a team of three analysts on the ground. They visited approximately 75 booths and conducted over 50 individual interviews with the aim of obtaining a comprehensive understanding of the most recent developments in embedded systems with a special focus on IoT.

This article highlights some of the major takeaways; our research clients can refer to the 35-page “Embedded World 2023—the latest IoT chipset and edge trends” event report for an in-depth discussion of the latest trends with examples and important quotes from the exhibitors.

Embedded World 2023​

1. Computation at the edge is becoming more performant​

As the complexity of IoT solutions increases, achieving faster response times while reducing overall latency becomes a key concern. To address this challenge, there is a growing trend toward integrating edge equipment with processors that offer higher computing power. At the fair, motherboard manufacturer Asrock, for example, showcased three state-of-the-art edge devices: 1. Its Edge AIoT hardware platform, iEPF-9020S-EY4/iEP-9020E Series, based on Intel’s 13th-Gen Core Processor (Raptor Lake-S). 2. Its Industrial IoT controller, iEP-7020E, based on the Intel Core i5-1350P processors (Raptor Lake-P). 3. Its edge controller/gateway, iEP-5000G, based on the Intel Atom x6000E processor. According to Intel, its 13th-generation processors improve multi-treaded performance by 41% compared to generation 12. The new Intel Atom processor is marketed to improve graphics performance by two times compared to the previous generation, among other advances.

2. A new AI design cycle for embedded devices is emerging​

The embedded community is getting ready for hardware and devices supporting AI/ML execution at the edge. This means massive hardware design changes and complexity and an increased software stack complexity. AI hardware development company BrainChip showcased its new Akida AI processor IP that integrates with Arm’s new Cortex-M85 for handling advanced machine learning workloads at the edge. Chipmaker Renesas is one of the clients of Akida AI that showcased AI running on Arm Cortex-M85. AI-based machine vision applications are one of the driving forces of AI adoption at this point.

 

[TheFunkMachine]

Yes they are, but I don't see them as being a significant source of revenue in the near term.

Oh, I didn’t know you meant revenue, I thought you meant use case all good. I don’t think any of these space missions is going to be huge income drivers, rather more technology validation and industry recognition etc. just my personal thoughts. Reason being is I struggle to see how Akida will be deployed in meaningful quantities in space.

 

[Labsy]

Well... how can I contribute
Uuuuummmmmm mmmmmummmm mummmm... soooooo.... mmmmm
I don't really care about the asx200?.. it means nothing to the fundamentals of our company?... I dunno. Happy with my holding. Really just background noise and anxiously anticipating some great news in the next few weeks.
Cheers chippers
Ps. Prediction of 3 dollars by xmas. 🫣

 

[Diogenese]

Oh, I didn’t know you meant revenue, I thought you meant use case all good. I don’t think any of these space missions is going to be huge income drivers, rather more technology validation and industry recognition etc. just my personal thoughts. Reason being is I struggle to see how Akida will be deployed in meaningful quantities in space.

That's right. There is great value and prestige in the validation that space applications will bring. If ANT 61 works, hat will be heard around the world.

 

[IloveLamp]

MediaTek Leverages Meta's Llama 2 to Enhance On-Device Generative AI in Edge Devices

/PRNewswire/ -- MediaTek, a leading global fabless semiconductor powering more than two billion connected edge devices every year, today announced it is...

buff.ly

 

[IloveLamp]

Well... how can I contribute
Uuuuummmmmm mmmmmummmm mummmm... soooooo.... mmmmm
I don't really care about the asx200?.. it means nothing to the fundamentals of our company?... I dunno. Happy with my holding. Really just background noise and anxiously anticipating some great news in the next few weeks.
Cheers chippers
Ps. Prediction of 3 dollars by xmas. 🫣

 

[Learning]

AI-enabled Cybersecurity Chipsets Market Latest Trends, Growing demand and Top Leading Brands | Fortinet, Sophos, NortonLifeLock, Check Point – X herald

xherald.com

Learning

 

[charles2]

In a nutshell.......

The institutions that are required to hold ASX200 listed companies as a part of their index will sell down the positions they hold potentially putting downward pressure on our share price. Negative for our share price.

Any shorter who has an open position with any of the above companies will be obliged to close so they can return what they still owe to those same companies potentially applying upward pressure. Positive for our share price.

Going forward there will possibly be less shares available to be lent to short us with, possibly reducing our liquidity on market.
This may make us more difficult to manipulate and so, being a less attractive target, they may move on to easier prospects.

Something like that, in theory anyway.

So it unfolds like this????

Funds that hold BRN because we are in the ASX200 now have to sell us out of the fund. In the process they call back the shares that have been lent to shooters. To return the shares the shorter have to cover their short position (buy back) to the extent their borrowed shares originated from an ASX200 (only) fund.

Seems like a net neutral to me.......funds sell BRN and shorts cover (buy) the shares they have shorted that originated (were borrowed) from these funds.

So maybe after the dust falls the shares are slightly more difficult to borrow for shorting purposes....maybe.....as only about 7% are borrowed now...it's not like 40% are borrowed.

So my conclusion it is a NON EVENT event although we will see higher volume shuffling over the next two weeks.

Disagree....please elaborate.

Thanks

 

[JoMo68]

Arm prepares to meet investors ahead of blockbuster IPO, sources say​

By Anirban Sen
September 1, 202310:39 AM GMT+10Updated 7 min ago

NEW YORK, Aug 31 (Reuters) - Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter.

Arm, owned by SoftBank Group Corp (9984.T), is expected to set a price range for its offering next week, the sources said, adding the company plans to price its shares on Sept. 13, with stock trading to start the following day.

Arm prepares to meet investors ahead of blockbuster IPO, sources say

Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter.

www.reuters.com

Does anyone know how to get in on the Arm IPO?

 

[Fullmoonfever]

Does anyone know how to get in on the Arm IPO?

Nah...just that it'll probably cost you an ARM...& a LEG

Apols for the dad joke but it's father's Day weekend.

 

[Learning]

This could be interesting!

"Efficiency" is what they will be showcasing. And that is important in EV. I know a neuromorphic chip, that are 5 time more efficient!

At this year’s IAA Mobility in Munich, we will unveil our Concept CLA Class. | Markus Schäfer

At this year’s IAA Mobility in Munich, we will unveil our Concept CLA Class. This is a huge moment for us as this concept represents our vision for the new family of vehicles at the gateway to our brand. We’re calling it a hypermiler that represents the “one-litre car” of the electric age...

www.linkedin.com

Big news today: Our showcar – which has its world premiere in just two days time – is named 𝐂𝐨𝐧𝐜𝐞𝐩𝐭 𝐂𝐋𝐀 𝐂𝐥𝐚𝐬𝐬 and impresses already 🚀 | Magnus Östberg

Big news today: Our showcar – which has its world premiere in just two days time – is named 𝐂𝐨𝐧𝐜𝐞𝐩𝐭 𝐂𝐋𝐀 𝐂𝐥𝐚𝐬𝐬 and impresses already 🚀 It is the first car to be designed on the all-new Mercedes-Benz Modular Architecture (MMA) platform. The #ConceptCLAClass demonstrates our vision to elevate the...

www.linkedin.com

Learning

 

[jtardif999]

Oh, I didn’t know you meant revenue, I thought you meant use case all good. I don’t think any of these space missions is going to be huge income drivers, rather more technology validation and industry recognition etc. just my personal thoughts. Reason being is I struggle to see how Akida will be deployed in meaningful quantities in space.

That’s true of the space as we currently think of it but, increasingly, space is getting busier - increased commercial, military and the coming new races to the moon and mars by multiple countries will mean more scale oppportunities for BrainChip. Not perhaps the same as terrestrial opportunities but none the less more than what there is now imo.

 

[Fullmoonfever]

Think I want me one of these McLaren's

Thing is ridiculous....like an F1 / Batmobile love child

Sorry MB....luv ya again when you confirm you using Akida haha