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Samsung Electronics shares extend gains after Tesla deal

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.

Reuters on MSN · 6h

Samsung Electronics shares extend gains after Tesla deal, but challenges remain

Shares in Samsung Electronics eked out small gains on Tuesday, following a sharp rally the previous day after the South Korean technology company clinched a $16.5 billion deal to supply artificial intelligence chips to Tesla .

Interesting Engineering on MSN · 18h

Samsung lands $16.5 billion Tesla chip deal to power next-gen AI, Elon Musk confirms

Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this is hard to overstate. Samsung currently makes AI4. TSMC will make AI5, which just finished design, initially in Taiwan and then Arizona.

10h

Elon Musk: Importance of $16.5B Samsung-Tesla Deal is ‘Hard to Overstate’

Samsung will produce AI6 semiconductors, the next-generation chip, for Tesla’s self-driving mode and other projects.

Can Tesla and Samsung Find Salvation in Each Other?

On Monday, Tesla and Samsung announced a $16.5 billion multiyear deal for the latter to provide all-important artificial intelligence chips for the former. For Samsung, it’s a chance to finally carve ...

Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal

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 ...

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