Musk's Tesla Inks $16.5 Billion Chip Deal with Samsung
Summary
Tesla CEO Elon Musk announces a groundbreaking $16.5 billion deal with Samsung to produce Tesla's next-generation AI6 chips at Samsung's new Texas factory, bolstering Samsung's contract manufacturing business.
Key Points
- Elon Musk says Tesla signs $16.5 billion chip deal with Samsung
- Samsung's new Texas factory will make Tesla's next-generation AI6 chip
- The deal is expected to bolster Samsung's loss-making contract manufacturing business