Australia's Nanoveu jumps on receipt of AI chip samples from TSMC
22/09/2026 06:51
BUZZ-Australia's Nanoveu jumps on receipt of AI chip samples from TSMC ** Shares of Australia's Nanoveu NVU.AX climb as much as 14.8% to A$0.062, their highest level since September 7
** Stock on track for its strongest session since July 23, if current trend holds
** Semiconductor developer says its unit, Embedded A.I. Systems Pte, received first engineering samples of 16 nanometer ECS-DoT edge AI chip from Taiwan Semiconductor Manufacturing Co 2330.TW
** About 2 million shares change hands, 2.8x the 30-day average volume
** YTD stock down 33.3%
(Reporting by Swetha Lakshmi in Bengaluru)
Recent news on Nanoveu
See all newsBrief: Nanoveu Signs Non-Binding MoU With Novapeak
Australia's Nanoveu jumps on receipt of AI chip samples from TSMC
Brief: Nanoveu Says US Patent Granted For AI Object Detection Accelerator Circuitry
Australia's Nanoveu gains as unit collaborates with Bosch Sensortec
Brief: Nanoveu Says Emass Collaborates With Bosch Sensortec On Edge AI Asset-Tracking Reference Design