MosChip Technologies shares decline 9% despite the launch of AgenticSky AI platform
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Shares of MosChip Technologies fell sharply by 9.2% in intraday trading on Thursday, hitting a low of Rs 257.75 on the BSE, despite the company unveiling its latest AI initiative, AgenticSky, aimed at accelerating the development of adaptive, AI-driven products across industries. On Wednesday, MosChip Technologies introduced MosChip AgenticSky, a suite of Agentic AI accelerators and solutions designed to help product companies create advanced products for machines, devices, and edge systems. According to the company, AgenticSky addresses the complexities and high costs traditionally associated with developing autonomous and adaptive products. It aims to reduce development cycles by up to 40%, while embedding autonomy, adaptability, and trust-driven intelligence into every product. The platform features a family of reusable and configurable AgenticSky Cores that product teams can adapt to different functional roles. These include VisionCor...