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News

Samsung makes massive Tesla deal

Forbes on MSN · 1d
Musk Announces Deal With Samsung For Tesla AI Chips Made In Texas—Touts ‘Strategic Importance’
In a regulatory filing in South Korea, Samsung announced it has secured a $16.5 billion multi-year deal to make chips for a “big global company.”
USA TODAY · 2h
Samsung stock rises on Tesla partnership after $16.5 billion AI chip deal
The agreement could bolster the company's unprofitable contract manufacturing business, but Samsung faces challenges securing other large customers.
PCMag on MSN · 1d
Samsung Secures $16.5 Billion Tesla AI Chip Deal, Production Set For Texas
Samsung is producing the current A14 chip for Tesla, while TSMC won the deal to produce the A15 chip. For the A16, Samsung will be back onboard. This new deal lasts until 2033, so it's likely designed to keep Samsung producing the A17 and beyond.
1h
Elon Musk on $16.5B Samsung-Tesla Deal: ‘Hard to Overstate’ Its Importance
Samsung will produce AI6 semiconductors, the next-generation chip, for Tesla’s self-driving mode and other projects.
16hon MSN
Samsung Electronics shares extend gains after Tesla deal, but challenges remain
Shares in Samsung Electronics eked out small gains on Tuesday, following a sharp rally the previous day after the South ...

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