July 19 (Reuters) - Australia's BrainChip Holdings Ltd (BRN.AX) surged nearly 11% to mark its best day in six weeks after the advanced artificial intelligence chipmaker received a patent grant in the United States on one of its neuromorphic processors. Neuromorphic processors mimic the way the brain works and allow devices to use signals from physical neurons to carry out computations. The patent protects the neural processor's feature of reconfigurability, which "provides a significant advantage, enabling the development of multipurpose and cost-effective hardware designs", BrainChip said. BrainChip now has 17 issued patents, with around 30 patent applications pending in the United States, Europe, Australia, Canada, Japan, Korea, India, among others. Reporting by Sameer Manekar in Bengaluru; Editing by Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

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Persons: chipmaker, BrainChip, Sameer Manekar, Nivedita Organizations: BrainChip Holdings, Thomson Locations: United States, Europe, Australia, Canada, Japan, Korea, India, Bengaluru