NIO Stock Alert: Nio Declares Success with Self-Driving Chip
NIONIO(NIO) Investor Place·2024-07-30 04:17

Chinese electric-vehicle manufacturer Nio (NYSE:NIO) saw its shares struggle despite positive developments. Late last week, the company revealed in its Tech Day event how it was spending its research and development funds. In particular, an advanced computer chip designed specifically for autonomous driving generated headlines. Still, investors were skeptical on NIO stock on Monday.According to a TechNode report, the EV maker announced the world’s first five-nanometer chip for automated driving. Called the ...