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News

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.
The Wall Street Journal on MSN · 2d
Tesla, Samsung Sign $16.5 Billion Deal to Make AI Chips
The chips will be designed for AI data centers, autonomous driving and robots. Shares in the South Korean tech giant surged.
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.
25mon 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 ...
4h
Samsung's Chip Profits Crash 94% — AI Demand, Tesla Deal, HBM3E Ramp Offer Hope For 2H Comeback As Trump Hits South Korea With 15% Tariff
Samsung forecast a gradual second-half recovery for its semiconductor business after Q2 operating profit at the division ...
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.

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