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NIO stock faces monthly decline; Morgan Stanley bullish on AI chip arm
in5points
NIO stock faces another red month, according to recent performance.
Morgan Stanley highlights GeniTech's standalone debut as a potential value driver for NIO.
GeniTech is an AI chip arm that could rival Nvidia, offering NIO a valuable call option.
The bank suggests GeniTech's listing may help investors see NIO beyond its cash-intensive EV business.
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Rajeev Chandrasekhar / Jupiter Capital interests historically