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News

Samsung stock rises on Tesla partnership

Forbes on MSN · 5d
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 · 3d
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.
TechCrunch on MSN · 5d
Tesla signs $16.5B deal with Samsung to make AI chips
Musk noted Tesla is working with TSMC to make AI5 chips, which just finished the design. The AI5, a generation that is primarily built for FSD, will initially be made in TSMC’s Taiwan factory and then at its Arizona facility. Samsung already makes the AI4 chip, according to Musk.
2don MSN

Samsung profit tumbles as it struggles to catch up in the AI chip race

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...
2don MSN

Samsung says tariff agreement reduces uncertainty, expects Tesla deal to boost orders

Samsung Electronics said a trade deal that will see Washington charge 15% tariffs on imports from South Korea reduces ...

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