Samsung Secures $16.5B Deal to Make AI Chips for Tesla
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BTCCSquare news:
Samsung Electronics has inked a $16.5 billion agreement with Tesla to manufacture advanced AI chips through 2033. The next-generation AI6 chips will be produced at Samsung's new facility in Taylor, Texas, marking a strategic push into the AI hardware sector.
The partnership serves as a lifeline for Samsung's foundry business, which has faced significant financial headwinds. Tesla CEO Elon Musk will directly supervise production enhancements, signaling the deal's importance for both companies.
This collaboration strengthens Samsung's position in semiconductor manufacturing while bolstering Tesla's capabilities in AI and electric vehicles. The MOVE underscores the growing convergence of automotive and artificial intelligence technologies.
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