Highlights

  • ASX technology stocks advanced on 22 September 2026 after global markets reacted positively to artificial intelligence and semiconductor developments.
  • DigitalX (ASX:DCC), Xref (ASX:XF1), Appen (ASX:APX) and BrainChip (ASX:BRN) all traded higher during the session.
  • The S&P/ASX 200 Information Technology index gained 3.56% during the morning session.
  • AI adoption, Edge AI development, Recurring Revenue growth and platform expansion remained key themes across technology companies.

Australian technology stocks moved higher on 22 September 2026, with investor attention focused on artificial intelligence, semiconductors and technology infrastructure themes. The sector advance followed a positive lead from Wall Street, where technology stocks drove market gains. The Nasdaq Composite rose 2.26%, while the S&P 500 increased 1.49% and the Dow Jones gained 0.71% in the previous session. (AP News)

In Australia, the S&P/ASX 200 Information Technology Index was trading up 3.56% during the morning session, outperforming the broader S&P/ASX 200, which gained 0.21%.

DigitalX Ltd (ASX:DCC) Shares Rise on Technology Sector Momentum

DigitalX Ltd (ASX:DCC) shares were trading at AUD 0.036, up 5.88% during the morning session on 22 September 2026.

The company operates across digital assets, funds management and technology-related services, including its Sell My Shares platform. DigitalX has been restructuring its strategy around broader digital-asset opportunities while maintaining exposure to Bitcoin-related assets.

The company’s FY26 results showed revenue from ordinary activities of approximately AUD 3.63 million, while the annual loss attributable to shareholders narrowed to approximately AUD 1.92 million compared with AUD 5.98 million in FY25.

DigitalX also reported growth from its Sell My Shares division, which generated approximately AUD 2.92 million in segment revenue during FY26 compared with AUD 2.38 million in the previous year.

The company’s exposure to digital Assets remains a key Factor influencing investor interest, particularly as technology markets continue focusing on blockchain, artificial intelligence and digital infrastructure themes.

Xref Ltd (ASX:XF1) Advances After FY26 Results and Debt Refinancing Update

Xref Ltd (ASX:XF1) shares traded at AUD 0.056, up 7.69% during the session.

The company recently released its audited FY26 financial results on 31 August 2026, reporting underlying EBITDA of AUD 4.7 million, representing a 76% increase compared with FY25. Group annual recurring revenue reached AUD 15.7 million, with more than 71% generated through the New Platform.

Xref also announced debt refinancing arrangements with Commonwealth Bank of Australia. The company secured a AUD 6.3 million senior Facility and established a AUD 2.0 million working-capital facility. The refinancing is expected to reduce annual finance outflows on the term facility from AUD 2.7 million in FY26 to an estimated AUD 0.5 million in FY27.

Investors are monitoring whether continued adoption of the New Platform can support recurring revenue growth and operating improvements.

Appen Ltd (ASX:APX) Gains as AI Data Demand Remains in Focus

Appen Ltd (ASX:APX) was trading at AUD 1.12, up 6.19% during the morning session.

The AI data company reported H1 FY26 revenue of USD 119.9 million, representing a 17% increase from the prior corresponding period. Underlying EBITDA before foreign exchange was USD 5.3 million, improving by USD 7.5 million compared with H1 FY25.

Appen China was the major contributor to growth, delivering revenue of USD 76.2 million, up 80% year on year, while underlying EBITDA reached USD 12.1 million. The company also reaffirmed FY26 guidance for revenue of USD 270-300 million and an underlying EBITDA Margin before foreign exchange of approximately 5-10%.

The company continues to focus on artificial intelligence data services, including projects supporting large language models and AI system development.

BrainChip Holdings Ltd (ASX:BRN) Moves Higher on Edge AI Developments

BrainChip Holdings Ltd (ASX:BRN) shares were trading at AUD 0.14, up 3.70% on 22 September 2026.

The company released an AI and semiconductor webinar presentation on the same day, highlighting its Edge AI technology and Akida neuromorphic processor platform.

BrainChip outlined applications for event-based AI processing across areas including defence, robotics, autonomous systems, wearables and industrial applications. The company highlighted its intellectual property portfolio, including 67 patents either secured or under review.

The presentation also focused on hybrid computing, where workloads are distributed between CPUs, GPUs and Akida processors to improve efficiency and inference performance.

Key Insights

ASX technology stocks gained on 22 September 2026 as global enthusiasm around artificial intelligence and semiconductor developments supported sector sentiment. DigitalX, Xref, Appen and BrainChip each had company-specific developments contributing to investor attention, ranging from digital-asset strategies and recurring revenue growth to AI data services and Edge AI technology.

The broader technology sector remains influenced by global AI Investment trends, while individual companies continue to be assessed on commercial execution, revenue growth, platform adoption and their ability to convert technology developments into operating outcomes.