Why BrainChip, Dubber, Galaxy, & Resolute shares are charging higher

BrainChip Holdings Ltd (ASX:BRN) and Resolute Mining Limited (ASX:RSG) shares are two of four charging higher on Wednesday…

| More on:
Chalk-drawn rocket shown blasting off into space

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.3% to 6,996.9 points.

Four ASX shares that are climbing more than most are listed below. Here's why they are charging higher:

BrainChip Holdings Ltd (ASX: BRN)

The BrainChip share price is up 19% to 63 cents. Investors have been fighting to get hold of the artificial intelligence (AI) technology company's shares following the release of an update. According to the release, Taiwan Semiconductor Manufacturing Company has started volume manufacturing of BrainChip's Akida AKD1000 neuromorphic processor chip for edge AI devices.

Dubber Corp Ltd (ASX: DUB)

The Dubber share price has risen 5% to $2.05. The catalyst for this was news that the call recording service provider has signed an agreement with video conferencing giant Zoom for its Unified Call Recording product. The company notes that the deal with Zoom provides businesses of all sizes with the ability to record calls for all users. After which, once the recordings are ingested by Dubber, businesses can enrich the content with AI delivering transcriptions, sentiment data, real-time search and more.

Galaxy Resources Limited (ASX: GXY)

The Galaxy share price has raced 5% higher to $3.42. This morning the lithium producer released an update on its Sal de Vida operation in Argentina. According to the release, the company has completed its feasibility study, with very positive technical and financial outcomes. The study confirms that Sal de Vida will be a globally competitive, low cost producer of battery grade lithium carbonate. As a result, the company will now move into the next phase with detailed engineering to commence on the plant and construction of the ponds commencing immediately.

Resolute Mining Limited (ASX: RSG)

The Resolute share price has jumped 14% to 53.5 cents. Investors have been buying the gold miner's shares after the Ghanaian government restored the mining licence for the Bibiani Gold Mine. However, the government has stipulated that Resolute can no longer sell the asset to Chifeng Jilong Gold Mining. Resolute has agreed to do this and will now look at its options for the mine.

Should you invest $1,000 in Maggie Beer Holdings Limited right now?

Before you buy Maggie Beer Holdings Limited shares, consider this:

Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now... and Maggie Beer Holdings Limited wasn't one of them.

The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

And right now, Scott thinks there are 5 stocks that may be better buys...

See The 5 Stocks *Returns as of 30 April 2025

James Mickleboro owns shares of Galaxy Resources Limited. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Dubber. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on Share Gainers

A man clenches his fists in excitement as gold coins fall from the sky.
Share Gainers

Why Dimerix, Evolution Mining, Inghams, and NextDC shares are charging higher today

These shares are rising when many are falling today. But why?

Read more »

A neon sign says 'Top Ten'.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a rough trading day for ASX stocks this Monday.

Read more »

Two happy excited friends in euphoria mood after winning in a bet with a smartphone in hand.
Share Gainers

Why 4DMedical, Gold Road, Syrah, and Tyro shares are racing higher today

These shares are starting the week strongly. But why?

Read more »

Rising gold share price represented by a green arrow on piles of gold block.
Gold

2 ASX gold stocks racing higher in Monday's sinking market

Investors are sending these ASX gold stocks flying higher on Monday. But why?

Read more »

Man with rocket wings which have flames coming out of them.
Share Gainers

Guess which ASX All Ords share just rocketed 19% on BIG news

Investors are sending this ASX All Ords share flying on Monday. But why?

Read more »

Person pretends to types on laptop drawn in sand.
Share Gainers

Here are the top 10 ASX 200 shares today

It was a happy finish to the week for ASX shares this Friday.

Read more »

Five young people sit in a row having fun and interacting with their mobile phones.
Share Gainers

5 ASX All Ords stocks rocketing higher this week

Investors sent these five ASX All Ords stocks soaring this week. But why?

Read more »

Overjoyed man celebrating success with yes gesture after getting some good news on mobile.
Share Gainers

Why Boss Energy, Capstone, Dimerix, and Platinum shares are storming higher today

These shares are having a good finish to the week. Let's find out why.

Read more »