Is it game over for the Brainchip share price?
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The Brainchip Holdings Ltd (ASX: BRN) share price has floundered for a couple of years despite unrelenting hype from speculators on message boards.
The semiconductor company has failed to find a meaningful buyer for its technology and has burned through cash like kindling for umpteen years while paying big bucks to its management team.
For example, its full year results release yesterday showed that it generated revenue of just US$398,000 during 2024. This is less than what some cafes pull in. But importantly, those cafes do not spend US$24.4 million to get those sales.
Despite this abject performance year after year and the incredibily intense competition from companies spending billions on R&D each year,…
