LI is trading at $19.77 (+5.49%) following the unveiling of its in-house M100 smart driving chip for the L9 SUV.
- The new hardware delivers 2,560 TOPS of computing power, designed to significantly enhance the vehicle's autonomous driving capabilities.
- The stock is outperforming the broader market, with the NASDAQ up 0.57% while other indices diverge on inflation and geopolitical news.
- This upward move builds on positive momentum from the company's recent delivery reports.