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Tesla signs $16.5bn chip deal with Samsung

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 semiconductor industry.

USA TODAY · 2d

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.

Austin American-Statesman · 3d

Tesla taps Samsung in $16.5B AI chip deal tied to new Austin-area facility

Samsung will produce Tesla’s next-gen AI chips at its semiconductor plant set to open next year northeast of Austin in Taylor.

Samsung 2nd-quarter profit halves, missing expectations

CNN on MSN · 1d

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 sector and eyeing Taiwan’s TSMC in the battle for supremacy in another.

CNBC on MSN · 1d

Samsung's profit more than halves, missing expectations as chip business plunges 94%

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

NBC Los Angeles · 1d

Samsung second-quarter profit halves, missing expectations

Samsung Electronics on Thursday reported a second-quarter operating profit that missed expectations and more than halved from the same period last year. The South Korean technology giant posted a quarterly revenue of 74.

17h

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 ...

3don MSN

Tech giants strike major Texas AI development deal

Tesla CEO Elon Musk announced that Samsung will supply the Austin automaker's next-generation chips in a $16.5 billion deal at Samsung's Texas facility . "Samsung's giant new Texas fab will be ...

1don MSN

Samsung says tariff agreement reduces uncertainty, expects boost from Tesla deal

Samsung Electronics said a trade deal between South Korea and Washington will help to alleviate business uncertainty, as the ...

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 ...

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