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Samsung stock rises on Tesla partnership

Bloomberg on MSN · 2d

Samsung to Make Tesla AI Chips in Multiyear Texas Deal

Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.

Forbes on MSN · 2d

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 · 1d

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.

1d

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.

Tesla and Samsung Seal $16.5 Billion Deal for AI Chip Production in Taylor, Texas, Sparking Economic Optimism

Tesla and Samsung sign a $16.5 billion deal for AI chip production in Taylor, Texas, set to strengthen the local economy and ...

3hon MSN

Tesla (TSLA) Signs $16.5B AI Chip Deal With Samsung—Musk Calls It “Hard to Overstate”

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a ...

53mon 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 ...

25m

Samsung Q2 profit drops 55% on weak AI chip sales, China curbs

Samsung Electronics reported on Thursday a 55% drop in second-quarter operating profit as delays in high-bandwidth memory ...

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