Chinese Automakers' In-House Chips Unlikely to Dent Horizon Robotics' Market Opportunity -- Market Talk

Dow Jones06-01

0507 GMT - Some Chinese automakers' efforts to develop in-house autonomous-driving chips are unlikely to significantly erode Horizon Robotics' addressable market, Daiwa analysts write in a note. Investors may be overestimating the threat posed by BYD's newly unveiled Xuanji A3 autonomous-driving chip, they note. While BYD, XPeng, Li Auto and NIO have all introduced proprietary chips, the automakers are unlikely to target the mid- to low-end computing segments, where chips are becoming what they describe as "increasingly commoditized." That leaves Horizon Robotics well positioned in the mass-market Level 2 advanced driver-assistance systems segment, Daiwa said. The brokerage maintains its buy rating for the stock but cut its target price to HK$10.60 from HK$12.40. Shares last at HK$5.39. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

June 01, 2026 01:07 ET (05:07 GMT)

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While BYD, <a href=\"https://laohu8.com/S/XPEV\">XPeng</a>, <a href=\"https://laohu8.com/S/LAAOF\">Li Auto</a> and <a href=\"https://laohu8.com/S/NIO\">NIO</a> have all introduced proprietary chips, the automakers are unlikely to target the mid- to low-end computing segments, where chips are becoming what they describe as \"increasingly commoditized.\" That leaves Horizon Robotics well positioned in the mass-market Level 2 advanced driver-assistance systems segment, Daiwa said. The brokerage maintains its buy rating for the stock but cut its target price to HK$10.60 from HK$12.40. Shares last at HK$5.39. 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Investors may be overestimating the threat posed by <a href=\"https://laohu8.com/S/BYDDY\">BYD</a>'s newly unveiled Xuanji A3 autonomous-driving chip, they note. While BYD, <a href=\"https://laohu8.com/S/XPEV\">XPeng</a>, <a href=\"https://laohu8.com/S/LAAOF\">Li Auto</a> and <a href=\"https://laohu8.com/S/NIO\">NIO</a> have all introduced proprietary chips, the automakers are unlikely to target the mid- to low-end computing segments, where chips are becoming what they describe as \"increasingly commoditized.\" That leaves Horizon Robotics well positioned in the mass-market Level 2 advanced driver-assistance systems segment, Daiwa said. The brokerage maintains its buy rating for the stock but cut its target price to HK$10.60 from HK$12.40. Shares last at HK$5.39. (jiahui.huang@wsj.com; @ivy_jiahuihuang) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 01, 2026 01:07 ET (05:07 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1109","symbol_name":"应用软件","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640382939","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640382939","pubTimestamp":1780290420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0507 GMT - Some Chinese automakers' efforts to develop in-house autonomous-driving chips are unlikely to significantly erode Horizon Robotics' addressable market, Daiwa analysts write in a note. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1109":"应用软件","09660":"地平线机器人-W"},"translate_title":"中国汽车制造商的内部芯片不太可能削弱地平线机器人的市场机会——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09660":1.92},"content_text":"0507 GMT - Some Chinese automakers' efforts to develop in-house autonomous-driving chips are unlikely to significantly erode Horizon Robotics' addressable market, Daiwa analysts write in a note. Investors may be overestimating the threat posed by BYD's newly unveiled Xuanji A3 autonomous-driving chip, they note. While BYD, XPeng, Li Auto and NIO have all introduced proprietary chips, the automakers are unlikely to target the mid- to low-end computing segments, where chips are becoming what they describe as \"increasingly commoditized.\" That leaves Horizon Robotics well positioned in the mass-market Level 2 advanced driver-assistance systems segment, Daiwa said. The brokerage maintains its buy rating for the stock but cut its target price to HK$10.60 from HK$12.40. Shares last at HK$5.39. 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