Australia's BrainChip jumps on plan to demonstrate AI product in U.S.

Brainchip Holdings

30/12/2022 02:41

** Shares of BrainChip Holdings Ltd  BRN.AX  jump as much as
9.8% to A$0.730, on track for their best day since Nov. 24
    ** AI company says it will showcase solutions on constrained
edge devices, featuring its Akida™ processors from Jan. 5-8 at
consumer electronic show in Las Vegas  urn:newsml:reuters.com:*:nACSfS73da
    ** Says co's Akida processors simplify development by
supporting today's mainstream network models and workflows while
being future-proofed for next-generation edge AI solutions
    ** Stock hits highest since Dec. 14
    ** Stock down 2.2% this year, as of last close
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))