Australia's BrainChip jumps on licensing deal with Korean firm

Brainchip Holdings

30/03/2026 01:09

** BrainChip BRN.AX jumps as much as 10.3% to A$0.160, highest since February 3

** Stock logs best day since March 17

** Chip processor signs new technology licensing deal with Korea-based semiconductor firm EDGEAI

** Under deal, co will give EDGEAI access to its AI processor

** YTD, BRN down 11.4%

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))