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NIO Shenji M97 Chip Tapes Out 700+ TOPS

NIO Shenji M97 Chip Tapes Out 700+ TOPS
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💡NIO's 700TOPS auto chip partners target Leapmotor/Geely, eroding Nvidia EV share

⚡ 30-Second TL;DR

What Changed

NIO NX9031 spin-off to Shenji Tech yields billions in licensing fees

Why It Matters

Accelerates国产 high-TOPS ADAS chips adoption in China EVs, challenging Nvidia/Qualcomm dominance amid price wars. Boosts NIO revenue diversification beyond vehicles.

What To Do Next

Benchmark Shenji M97 against Horizon J6P for your ADAS inference stack pricing.

Who should care:Developers & AI Engineers

🧠 Deep Insight

Web-grounded analysis with 9 cited sources.

🔑 Enhanced Key Takeaways

  • Shenji NX9031 has achieved mass production scale with over 150,000 units shipped since 2024, making it the first Chinese 5nm automotive-grade chip in large-scale commercial deployment[5][7]
  • The M97 chip's 700+ TOPS performance directly targets Horizon Robotics' J6P (560 TOPS) and represents NIO's strategy to monetize R&D through external licensing to competitors like Leapmotor and Geely[2][3][6]
  • Shenji's memory bandwidth of 546 GB/s via LPDDR5X interface exceeds NVIDIA's Thor-U by approximately 2x and matches Thor-X, establishing a technical advantage in data throughput for autonomous driving workloads[1][5]
  • The joint venture structure with Axera Semiconductor and OmniVision enables NIO to separate chip commercialization from vehicle manufacturing, with Shenji securing 2.25 billion yuan in fresh financing to fund next-generation chip development[3][8]
📊 Competitor Analysis▸ Show
FeatureNIO Shenji M97Horizon J6PNIO Shenji 9031eHorizon J6M
Computing Power700+ TOPS560 TOPS~128 TOPS (planned)128 TOPS
Target SegmentMid-to-premium ADASMid-range ADASBudget ADASBudget ADAS
Memory Bandwidth546 GB/s (NX9031)Not disclosedNot disclosedNot disclosed
Manufacturing Process5nm automotive-gradeNot disclosedNot disclosedNot disclosed
Deployment StatusQ3 2026 targetIn-marketDevelopmentIn-market

🛠️ Technical Deep Dive

Architecture: Heterogeneous multi-core resource pool with self-developed Image Signal Processor (ISP) and Neural Network Processing Unit (NPU) optimized for concurrent multi-task processing[5]Memory Interface: 512-bit LPDDR5X interface delivering 546 GB/s bandwidth, supporting 32-bit non-MoE models within 30ms latency (excluding inference optimizations)[1]Algorithm Efficiency: BEV (bird's-eye view) processing with ultra-high pixel density achieves 3x efficiency compared to general-purpose chips due to heterogeneous architecture[5]Manufacturing: 5nm automotive-grade process node, first Chinese company to achieve both development and large-scale commercial production at this node[7]Redundancy: ET9 equipped with dual NX9031 chips enabling millisecond-level hot redundancy with combined 2,000 TOPS sparse computing power[1]

🔮 Future ImplicationsAI analysis grounded in cited sources

Shenji's external chip licensing could generate billions in annual revenue if Leapmotor deploys M97 across its 1.05 million unit 2026 sales target
Leapmotor's announced 2026 sales target of 1.05 million units combined with Shenji's active pitch represents a potential high-volume deployment opportunity that would substantially offset NIO's R&D costs[4]
The 9031e budget chip positions Shenji to compete directly in the mass-market ADAS segment currently dominated by Horizon Robotics
By matching Horizon's J6M 128-TOPS specification at lower cost, Shenji can expand beyond premium vehicles into volume segments where price sensitivity is higher[3][4]
NIO's full-stack chip strategy (Shenji + SkyOS) may reduce per-vehicle hardware costs by 10,000+ RMB compared to NVIDIA-based solutions
Internal sources indicate replacing four NVIDIA RNX chips with Shenji chips has already reduced hardware costs by over 10,000 RMB per vehicle, establishing a cost advantage for external customers[9]

Timeline

2023-12
NIO unveils Shenji NX9031 chip at NIO Day 2023, claiming 'one chip rivals four' with ~1,000 TOPS sparse computing power
2024-01
Shenji NX9031 enters mass production and begins deployment across NIO vehicle lineup (ET9, ES6, EC6, ES8)
2025-06
NIO spins off chip operations into independent subsidiary Shenji Technology; forms joint venture with Axera Semiconductor and OmniVision
2025-12
Shenji NX9031 cumulative shipments exceed 150,000 units; NIO achieves Q4 2025 profitability
2026-03
M97 chip successfully tapes out; Shenji and Axera begin pitching to Leapmotor and Geely; Shenji secures 2.25 billion yuan financing
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Original source: 36氪