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Nanoveu’s Edge AI chip is set for a big 2025: Interview with Semiconductor CEO Mark Goranson
February 13, 2025
Edge AI, EMASS, Nanoveu, NVU
Nanoveu (ASX:NVU)
We spoke with Mark Goranson, the new CEO of Nanoveu’s (ASX:NVU) Semiconductor Division. NVU recently acquired EMASS and its Edge AI chip technology, which is 20x more energy-efficient than current products on the market.
EMASS already has boards being sampled by prospects, but will make further iterations to its chip design to enhance the product. This includes replacing the current MRAM modules by ReRAM, which will enable more robust and higher density non-volatile on-chip memory.
And earlier this week, Dutch chip manufacturer NXP Semiconductors (NASDAQ:NXPI) bought Edge AI start up Kinara for ~A$500m, which we believe bodes well for EMASS from a valuation standpoint.
Disclosure: Stocks Down Under/Pitt Street Research directors own shares in Nanoveu and NVU is a research client of Pitt Street Research.
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