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2021-07-20
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Nio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage<blockquote>在全球半导体严重短缺之际，蔚来子公司收购芯片制造商股份</blockquote>
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NIO 0.05% has acquired a small stake in a uni","content":"<p>A subsidiary of Chinese electric vehicle maker<b>Nio Inc.</b> NIO 0.05% has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p><p><blockquote>中国电动汽车制造商的子公司<b>蔚来</b>据CNEVPost周日报道，蔚来0.05%收购了沪市人工智能芯片公司寒武纪子公司的少量股份。</blockquote></p><p> <b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p><p><blockquote><b>发生了什么</b>：据报道，寒武纪周五表示，已同意将其全资子公司寒武纪兴歌的注册资本增加1.7亿元人民币（合2600万美元）并引入投资者。</blockquote></p><p> Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p><p><blockquote>蔚来的子公司蔚然投资有限公司以400万元人民币（63万美元）收购了兴歌2%的股份。</blockquote></p><p> Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p><p><blockquote>报道指出，威然由蔚来汽车业务子公司XPT全资拥有。</blockquote></p><p> <b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p><p><blockquote><b>为什么它很重要</b>：蔚来收购一家芯片公司的股份之际，全球芯片短缺严重，扰乱了各行业的制造，甚至迫使全球汽车制造商停止生产。</blockquote></p><p> More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p><p><blockquote>更多的行业声音现在表明，短缺可能会蔓延到明年，需要投资。4月，<b>英特尔公司。</b>INTC首席执行官帕特·基辛格警告称，全球半导体芯片供应短缺可能会再持续两年。</blockquote></p><p> It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p><p><blockquote>去年10月有报道称，蔚来正计划进行内部研发，开发用于自动驾驶的计算芯片，并为此成立了一个独立的硬件团队，内部名为Smart HW。</blockquote></p><p> <b>Price Action</b>: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.</p><p><blockquote><b>价格行为</b>：蔚来股价周五收盘下跌逾2%，至42.80美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage<blockquote>在全球半导体严重短缺之际，蔚来子公司收购芯片制造商股份</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage<blockquote>在全球半导体严重短缺之际，蔚来子公司收购芯片制造商股份</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-07-19 15:22</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>A subsidiary of Chinese electric vehicle maker<b>Nio Inc.</b> NIO 0.05% has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p><p><blockquote>中国电动汽车制造商的子公司<b>蔚来</b>据CNEVPost周日报道，蔚来0.05%收购了沪市人工智能芯片公司寒武纪子公司的少量股份。</blockquote></p><p> <b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p><p><blockquote><b>发生了什么</b>：据报道，寒武纪周五表示，已同意将其全资子公司寒武纪兴歌的注册资本增加1.7亿元人民币（合2600万美元）并引入投资者。</blockquote></p><p> Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p><p><blockquote>蔚来的子公司蔚然投资有限公司以400万元人民币（63万美元）收购了兴歌2%的股份。</blockquote></p><p> Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p><p><blockquote>报道指出，威然由蔚来汽车业务子公司XPT全资拥有。</blockquote></p><p> <b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p><p><blockquote><b>为什么它很重要</b>：蔚来收购一家芯片公司的股份之际，全球芯片短缺严重，扰乱了各行业的制造，甚至迫使全球汽车制造商停止生产。</blockquote></p><p> More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p><p><blockquote>更多的行业声音现在表明，短缺可能会蔓延到明年，需要投资。4月，<b>英特尔公司。</b>INTC首席执行官帕特·基辛格警告称，全球半导体芯片供应短缺可能会再持续两年。</blockquote></p><p> It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p><p><blockquote>去年10月有报道称，蔚来正计划进行内部研发，开发用于自动驾驶的计算芯片，并为此成立了一个独立的硬件团队，内部名为Smart HW。</blockquote></p><p> <b>Price Action</b>: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.</p><p><blockquote><b>价格行为</b>：蔚来股价周五收盘下跌逾2%，至42.80美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184805798","content_text":"A subsidiary of Chinese electric vehicle makerNio Inc. NIO 0.05% has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.\nWhat Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.\nNio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).\nWeiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.\nWhy It Matters: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.\nMore industry voices are now indicating the shortages could spill over to next year and requires investment. In April,Intel Corp.INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.\nIt wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.\nPrice Action: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":178035277,"gmtCreate":1626771021599,"gmtModify":1633771193679,"author":{"id":"3578317743201170","authorId":"3578317743201170","name":"JS69","avatar":"https://static.tigerbbs.com/78bf647013544da6af5bae452155d52e","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578317743201170","idStr":"3578317743201170"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/178035277","repostId":"1184805798","repostType":2,"repost":{"id":"1184805798","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626679322,"share":"https://www.laohu8.com/m/news/1184805798?lang=zh_CN&edition=full","pubTime":"2021-07-19 15:22","market":"us","language":"en","title":"Nio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage<blockquote>在全球半导体严重短缺之际，蔚来子公司收购芯片制造商股份</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184805798","media":"Benzinga","summary":"A subsidiary of Chinese electric vehicle makerNio Inc. NIO 0.05% has acquired a small stake in a uni","content":"<p>A subsidiary of Chinese electric vehicle maker<b>Nio Inc.</b> NIO 0.05% has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p><p><blockquote>中国电动汽车制造商的子公司<b>蔚来</b>据CNEVPost周日报道，蔚来0.05%收购了沪市人工智能芯片公司寒武纪子公司的少量股份。</blockquote></p><p> <b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p><p><blockquote><b>发生了什么</b>：据报道，寒武纪周五表示，已同意将其全资子公司寒武纪兴歌的注册资本增加1.7亿元人民币（合2600万美元）并引入投资者。</blockquote></p><p> Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p><p><blockquote>蔚来的子公司蔚然投资有限公司以400万元人民币（63万美元）收购了兴歌2%的股份。</blockquote></p><p> Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p><p><blockquote>报道指出，威然由蔚来汽车业务子公司XPT全资拥有。</blockquote></p><p> <b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p><p><blockquote><b>为什么它很重要</b>：蔚来收购一家芯片公司的股份之际，全球芯片短缺严重，扰乱了各行业的制造，甚至迫使全球汽车制造商停止生产。</blockquote></p><p> More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p><p><blockquote>更多的行业声音现在表明，短缺可能会蔓延到明年，需要投资。4月，<b>英特尔公司。</b>INTC首席执行官帕特·基辛格警告称，全球半导体芯片供应短缺可能会再持续两年。</blockquote></p><p> It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p><p><blockquote>去年10月有报道称，蔚来正计划进行内部研发，开发用于自动驾驶的计算芯片，并为此成立了一个独立的硬件团队，内部名为Smart HW。</blockquote></p><p> <b>Price Action</b>: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.</p><p><blockquote><b>价格行为</b>：蔚来股价周五收盘下跌逾2%，至42.80美元。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage<blockquote>在全球半导体严重短缺之际，蔚来子公司收购芯片制造商股份</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Subsidiary Buys Stake In Chipmaker Amid Crippling Global Semiconductor Shortage<blockquote>在全球半导体严重短缺之际，蔚来子公司收购芯片制造商股份</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time smaller\">2021-07-19 15:22</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>A subsidiary of Chinese electric vehicle maker<b>Nio Inc.</b> NIO 0.05% has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.</p><p><blockquote>中国电动汽车制造商的子公司<b>蔚来</b>据CNEVPost周日报道，蔚来0.05%收购了沪市人工智能芯片公司寒武纪子公司的少量股份。</blockquote></p><p> <b>What Happened</b>: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.</p><p><blockquote><b>发生了什么</b>：据报道，寒武纪周五表示，已同意将其全资子公司寒武纪兴歌的注册资本增加1.7亿元人民币（合2600万美元）并引入投资者。</blockquote></p><p> Nio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).</p><p><blockquote>蔚来的子公司蔚然投资有限公司以400万元人民币（63万美元）收购了兴歌2%的股份。</blockquote></p><p> Weiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.</p><p><blockquote>报道指出，威然由蔚来汽车业务子公司XPT全资拥有。</blockquote></p><p> <b>Why It Matters</b>: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.</p><p><blockquote><b>为什么它很重要</b>：蔚来收购一家芯片公司的股份之际，全球芯片短缺严重，扰乱了各行业的制造，甚至迫使全球汽车制造商停止生产。</blockquote></p><p> More industry voices are now indicating the shortages could spill over to next year and requires investment. In April,<b>Intel Corp.</b>INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.</p><p><blockquote>更多的行业声音现在表明，短缺可能会蔓延到明年，需要投资。4月，<b>英特尔公司。</b>INTC首席执行官帕特·基辛格警告称，全球半导体芯片供应短缺可能会再持续两年。</blockquote></p><p> It wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.</p><p><blockquote>去年10月有报道称，蔚来正计划进行内部研发，开发用于自动驾驶的计算芯片，并为此成立了一个独立的硬件团队，内部名为Smart HW。</blockquote></p><p> <b>Price Action</b>: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.</p><p><blockquote><b>价格行为</b>：蔚来股价周五收盘下跌逾2%，至42.80美元。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184805798","content_text":"A subsidiary of Chinese electric vehicle makerNio Inc. NIO 0.05% has acquired a small stake in a unit of Shanghai-listed AI chip company Cambricon, cnEVpostreportedSunday.\nWhat Happened: The move comes after Cambricon said Friday it has agreed to increase the registered capital of its wholly-owned subsidiary Cambricon Xingge by 170 million yuan ($26 million) and bring in investors, as per the report.\nNio’s subsidiary Weiran (Jiangsu) Investment Co. Ltd. acquired a 2% stake in Xingge for RMB 4 million ($630,000).\nWeiran is wholly owned by XPT, NIO's motor business subsidiary, the report noted.\nWhy It Matters: Nio’s acquisition of a stake in a chip company comes amid thecrippling global chip shortagethat has disrupted manufacturing across sectors and even forced global automakers to halt production.\nMore industry voices are now indicating the shortages could spill over to next year and requires investment. In April,Intel Corp.INTCCEO Pat Gelsingerwarnedthat the global semiconductor chip supply shortage could stretch two more years.\nIt wasreportedin October last year that Nio is planning to embark on in-house R&D to develop computing chips for autonomous driving and has set up a separate hardware team, internally named Smart HW, for that purpose.\nPrice Action: Nio’s shares closed more than 2% lower in Friday’s trading at $42.80.","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":1859,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
