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Nio stock slips despite strong in-house chip progress
short by / on Friday, 20 March, 2026
Nio stock slipped nearly 1% premarket as investors looked past in-house chip production surpassing 550,000 units. CEO William Li highlighted cost savings and margin upside from the Yangjian LiDAR and Shenji NX9031 chips. The EV maker targets 35%-40% domestic semiconductor sourcing by 2027, but the news failed to lift overall sentiment significantly.
read more at Stocktwits