US stocks move unexpectedly | Li Auto (LI.US) drops over 4% as chip price increases bring cost challenges

LootboxPhobia · 2026-03-19T01:02:45+00:00

ZhiTong Finance APP learned that on Wednesday, Li Auto (LI.US) fell more than 4%, closing at $17.21. On the news front, multiple automakers including Li Auto have warned multiple times this year about the cost challenges brought by chip price increases. HSBC previously released a research report stating that recent sharp increases in upstream raw material prices such as metals and memory chips will bring significant cost pressure to automakers in the short term, with memory chip price increases potentially leading to 1,000 to 3,000 yuan in cost increases, directly impacting the cost structure of electric vehicles. In addition to chips, price fluctuations in power battery raw materials such as lithium ore have further amplified cost pressures.

LootboxPhobia

2026-03-19 01:02:45

Zhihui Finance APP learned that on Wednesday, Li Auto (LI.US) fell more than 4%, trading at $17.21. According to recent reports, since the beginning of this year, several automaker CEOs, including Li Auto, have repeatedly warned about the cost challenges brought by rising chip prices. HSBC previously released a research report stating that recent sharp increases in the prices of upstream raw materials such as metals and storage chips will impose significant short-term cost pressures on automakers. The price increase of storage chips could lead to a cost rise of 1,000 to 3,000 yuan, directly impacting the cost structure of electric vehicles. In addition to chips, fluctuations in the prices of raw materials like lithium for power batteries have further amplified cost pressures.

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