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Samsung stock rises on Tesla partnership

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.

TechRepublic · 2d

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.

UPI on MSN · 1d

Tesla deal could help boost Samsung's foundry business

South Korea's Samsung Electronics signed a $16.5 billion, eight-year contract to supply semiconductors to a global company, which Elon Musk said was Tesla.,

NextBigFuture23h

Samsung Megadeal Lets Tesla AI6 Chip Compete Equally Against Nvidia

Samsung have started earlier than TSMC going to 2 nanometer GAA process chips. They will start mass production late in 2025.

Tesla switches from Samsung to TSMC back to Samsung

Samsung's chip division has finally received another major order. Tesla is having the AI6 processor manufactured there.

TweakTown3d

Samsung to make 2nm Tesla AI6 chips at a loss, considers the order a 'blessing in disguise'

Samsung's huge $16.5 billion order for Tesla 2nm chips will be a 'loss-making order' but the semiconductor firm takes it as a ...

With Q2 Earnings In The Rearview Mirror, Tesla's AI Future Comes Into Focus

Tesla shares are trading marginally lower Tuesday afternoon. Investors continue to weigh the company's long-term artificial ...

Samsung profit drops 55% as chip delays, trade tensions weigh on business

Samsung Electronics just scored a $16.5 billion deal with Tesla tied to its Austin-area chip fab. Samsung is relying on the deal and others like it to ...

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