Elon Musk confirms Tesla's massive $16.5 billion semiconductor contract with Samsung Electronics for AI6 chip production at Texas facility through 2033.

Tesla’s multibillion-dollar chip deal could revive Samsung’s stalled Texas plant and reshape its struggling foundry business.

esla CEO Elon Musk said Monday that tech giant Samsung Electronics will provide his company with its next-generation AI6 ...

Tesla and Samsung have agreed upon a $16.5bn deal that will enable the South Korean company to source the next generation of ...

Shares of Tesla (NASDAQ:TSLA) and Samsung Electronics (USOTC:SSNHZ) rose on Monday following Elon Musk’s announcement of a ...

Musk made the announcement on Sunday (U.S. time) on his social media platform X, formerly known as Twitter, stating, ...

The deal is a major win for Samsung’s U.S. foundry business, with shares in South Korea’s largest company surging.

Tesla CEO Elon Musk announced on Monday that the automaker has signed a $16.5 billion deal with Samsung Electronics to produce new-generation chips. Musk confirmed a Bloomberg report on X, saying the ...

Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant's loss-making contract ...

Tesla chief Elon Musk said on Monday his company is working with the South Korean giant to produce the next-generation AI6 ...

Tesla CEO Elon Musk has announced a $16.5 billion agreement to procure chips from Samsung Electronics. This action is ...

Despite years of investment, Samsung has only widened its gap with TSMC. Industry tracker TrendForce, a research firm, estimates that TSMC's share of global foundry revenue increased to 67.6% in the ...