BrainChip: Completes Akida wafer fabrication

Date:

Share post:

BrainChip: Completes Akida wafer fabrication

  • BrainChip (BRN) has completed the wafer fabrication for its Akida system, enabling progression to the assembly and testing phase
  • Then the wafer manufacture completed to schedule in conjunction with the company’s partners
  • BrainChip believes the tech will have wide applications which will be “both scalable and flexible to address the requirements in edge devices
  • The first completed Akida devices will used for testing both internally and by customers who signed on to the Early Access program
  • BrainChip President and CEO, Louis DiNardo, says the completion of the wafer fabrication represents a great leap forward in the company’s progress
  • BrainChip is trading 33.7 per cent higher at 11.5 cents per share as at 3:33 pm AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.
spot_img

Related articles

Top Cybersecurity Incidents of 2025: Key Lessons for the Fintech Industry

Exploring major cybersecurity breaches and their implications for fintech. Highlights: Overview of significant cybersecurity breaches in 2025.Key lessons learned...

Citigroup Exits Russia with $12 Billion Loss in Operations Sale

A significant move in Citigroup's strategy amidst geopolitical tensions. Highlights: Citigroup announces the sale of its remaining operations in...

Key Fintech Trends to Watch in 2025: Innovations and Opportunities

Discover the major fintech developments shaping the industry in 2025. Highlights: Growing adoption of AI technology in financial services.Increased...

Lloyds to Cease Invoice Financing Services According to FT Reports

A significant shift in Lloyds' financial services strategy amid changing market conditions. Highlights: Lloyds Bank plans to shut its...