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AXE - Archer Materials

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Quantum algorithms for AI-driven 12CQ chip end-uses
Highlights
• Archer progresses quantum algorithm development for Artificial Intelligence (“AI”) applications of its 12CQ quantum computing processor chip (“12CQ chip”).

• The Company is working on optimising Quantum Neural Networks, which could be relevant to consumer and enterprise-scale AI technology products.

• AI is set to transform the productivity and GDP potential of global economies.

• AI is one of many future applications for the 12CQ chip, and Archer will explore other applications such as blockchain, space, autonomous cars and cybersecurity.
 
ASX Announcement (ASX: AXE)
11 June 2021
Archer progresses with semiconductor chip testing

Highlights

• Archer progresses its biochip development by establishing essential chip testing operations in a semiconductor fabrication environment.

• Access to deep tech infrastructure allows Archer to build its chip technologies, including a graphene-based biochip for point-of-care medical diagnostics.

• The global semiconductor industry is one of the most important drivers of the global economy as it is the basis of almost all technology†.


Hopefully axe chips are flying off the shelves one day. ?
 
ASX Announcement (ASX: AXE)
15 June 2021

Archer to collaborate with Australian Defence Prime NIOA

Highlights
• Archer will collaborate with The Australian Missile Corporation (“AMC”) to support Australia’s Sovereign Guided Weapons Enterprise.

• AMC is a subsidiary of NIOA, a 100% Australian-owned Defence Prime Contractor and the largest Australian-owned supplier of weapons and munitions to Defence.

• Archer will work with AMC to identify opportunites to contribute to the Commonwealth Government’s new Sovereign Guided Weapons Enterprise to support missile and guided weapons manufacturing in Australia.

• The collaboration with AMC will be focussed on Archer’s 12CQ quantum computing chip technology.

• Archer is a semiconductor company with technology that will be critical to the Commonwealth Government’s Sovereign Guided Weapons Enterprise.

• The AMC was formed to facilitate collaboration with Defence in response to the Government’s call to strengthen sovereign defence industrial capability.


Will be interesting to see how it travels today after the NASDAQ closed up 0.74%, good timing?

Some very relevant points, from the 26th May announcement;

"AI is one of many future applications for the 12CQ chip, and Archer will explore other applications such as blockchain, space, autonomous cars and cybersecurity."

The reality of the dream seems to be slowly unfolding.
I am wondering what the future holds for AXE ?, as it seems potentially very big.
Am holding long term and will look at increasing the holding.

I have wondered how fast a Quantum chip would be able to mine Bitcoin in comparison to current methods, something for me (or perhaps @qldfrog ? the computer expert) to look into.
 
frugal.rock said:
ASX Announcement (ASX: AXE)
15 June 2021

Archer to collaborate with Australian Defence Prime NIOA

Highlights
• Archer will collaborate with The Australian Missile Corporation (“AMC”) to support Australia’s Sovereign Guided Weapons Enterprise.

• AMC is a subsidiary of NIOA, a 100% Australian-owned Defence Prime Contractor and the largest Australian-owned supplier of weapons and munitions to Defence.

• Archer will work with AMC to identify opportunites to contribute to the Commonwealth Government’s new Sovereign Guided Weapons Enterprise to support missile and guided weapons manufacturing in Australia.

• The collaboration with AMC will be focussed on Archer’s 12CQ quantum computing chip technology.

• Archer is a semiconductor company with technology that will be critical to the Commonwealth Government’s Sovereign Guided Weapons Enterprise.

• The AMC was formed to facilitate collaboration with Defence in response to the Government’s call to strengthen sovereign defence industrial capability.


Will be interesting to see how it travels today after the NASDAQ closed up 0.74%, good timing?

Some very relevant points, from the 26th May announcement;

"AI is one of many future applications for the 12CQ chip, and Archer will explore other applications such as blockchain, space, autonomous cars and cybersecurity."

The reality of the dream seems to be slowly unfolding.
I am wondering what the future holds for AXE ?, as it seems potentially very big.
Am holding long term and will look at increasing the holding.

I have wondered how fast a Quantum chip would be able to mine Bitcoin in comparison to current methods, something for me (or perhaps @qldfrog ? the computer expert) to look into.
Click to expand...
Even if it was much faster, would be with quantum, even with infinite power speed, BTC are limited. so the first quantum computer will make a fortune and then it is all over as they will just hit the wall faster and no more new btc will be created, worse,bpeople will keep losing them....
Just a one off opportunity which does not really affect valuation of btc as I see it, a hipcup...
 
qldfrog said:
so the first quantum computer will make a fortune
Click to expand...
Hmmm, still over 2.3 million BTC to mine, difficulty doubling every few years at current rates.
It will probably never all get mined.
Although, at $35k USD per BTC... that's only $80.5 billion....so there's still a bit of value to be had.
Put aside any crypto potential, the quantum computer is the future, it's just a race to get there first.

Noticed a nice bullish push on Friday. Not a particularly tech up day either?, so not sure what's driving it currently apart from previously mentioned stuff.

6 month chart, daily.
Could say the gaps from Jan & Feb have been filled well and truly.
If you don't have this stock on your radar, you should, imo.
Held and in the long term boat.

Screenshot_20210626-224106.png
 
XTX (All Tech index) currently down 2.2%
AXE still chopping upwards.

Would hate to see AXE go to the US.
Just a thought.
Monthly chart with today's bar forming.

Screenshot_20210628-133933.png
 
I was going to ask, "Has it made a buck yet?" and, behold, it has.
 
Dona Ferentes said:
I was going to ask, "Has it made a buck yet?" and, behold, it has.
Click to expand...
Hopefully done with sub $1. but with an increase of ~34% in 6 trading days, won't hold my breath.
Tech index fairly flat so can't attribute to that.

Wondering who's been buying as it's been a fairly strong consistent accumulation.
Might see a substantial holding change submitted in coming week?
Had a bit of a look around in forum downtime and it would seem amongst retail, it's attracting a buy and hold set of investors.
 
Managing to stay above the $1 mark this far, a couple of intraday dips to 99c but support is keeping it up there.
Volume dropped off so won't hold my breath, but hopefully it consolidates until next announcement.

Screenshot_20210707-213112.png
 
ASX Announcement (ASX: AXE)
12 July 2021

First indication of on-chip qubit control

Highlights

• Significant 12CQ chip development progress made with the first quantum information signals detected that indicate on-chip qubit control.

• Quantum control of qubits integrated with miniaturised chip devices under various environment and system conditions is required for 12CQ chip operation.

• The progress made is a major technological feat and represents a crucial step towards realising 12CQ as a viable chip-based qubit architecture†.

• Archer is advancing its world-first technology development with an immediate focus on achieving qubit control.

• Archer is the only ASX listed company and one of a few players in the world developing a qubit processor chip in the quantum computing industry‡.
 
Any one else holding?

From 25th June, there seems to be a change of trading tone, ie; accumulation.
Momentum on the daily increasing.
I may be wrong, but I don't think it's retail buying and with apparent lack of supply, not sure where this current run will end if buying is indeed on a longer term outlook?

Having said that, if supply hits, it could be a brutal reversal on the SP as market depth appears thin.
Is it just a decent pump n dump, or is the move representative of the potential future?
Dunno, wait n see...

Screenshot_20210715-150116.png
 
Didn't AXE nudge a buck 20 back in Feb?
Me thinks this stock is on a lot of watch lists and with the potential of the qubit chip the move higher could be the early movers getting set.
Like always, DYOR.
FWIW.
AXE website has had a refresh of late too by the looks of it.
 
frugal.rock said:
Any one else holding?
Click to expand...

Nah. We are just happy to sit back and watch you bask in the profits Rock-man :smuggrin:

Had a quick look at the chart/price action ...

Normally a high range high Volume bar can be cause for some concern of a sharp retracement

However, this looks a little unorthodox at first glance ;)

The mandatory "inside day" tomorrow would still be positive under normal circumstances,

However, if I am any judge, we will see another gap higher on the Open at least:wheniwasaboy:

Looks good Rock ... Onward and upward :jimlad:

Could be your shout, lol.
 

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