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What is MM’s thoughts on BrainChip Holdings (BRN)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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What is MM’s thoughts on BrainChip Holdings (BRN)

Hi MM, Thanks for your great insight into the market can you please give me your thoughts on brain chip? Thanks Andrew

Answer

Hi Andrew,

We appreciate the vote of confidence, always puts a spring in the teams step.

BrainChip (BRN) is a $1.9bn artificial neural network / self learning computing business offering services in Australia and the US. Its not a stock we have held at MM but having rallied  almost 4-fold and then halving in recent months its certainly volatile. The stock looks 50-50 just above $1 and we would be more inclined to “play” the stock technically when better risk / reward opportunities present themselves.

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BrainChip Holdings (BRN)
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