From Yahoo Finance: 2025-05-25 14:00:00

Xiaomi CEO Lei Jun introduced the Xring O1 mobile chip, aiming to compete with Apple and Qualcomm. The company plans to invest $28 billion in R&D over 5 years, including developing an in-house AI product called MiMo. Xiaomi is positioning itself for significant growth in the technology sector.

The Xring O1 chip, built on TSMC’s N3E process, is designed for high-end devices like the Tablet 7 Ultra and Xiaomi 15S Pro. Xiaomi’s $28 billion R&D investment over 5 years signals a strong commitment to technological advancement. The company’s self-developed chip showcases its ambition to rival industry leaders in the mobile processor market.

While Xiaomi’s new chip represents a significant achievement, some investors see potential in other AI stocks with greater upside potential. The company’s $28 billion R&D investment underscores its commitment to innovation and technological advancement. Xiaomi’s in-house AI product, MiMo, is a key part of the company’s strategy for future growth.

Read more: Xiaomi Unveils New Self-Developed Chip, Announces $28B in R&D Investments Over 5 Years