Musk hails $16.5bn Samsung deal to supply Tesla with AI chips

admin July 28, 2025 Leave a Comment

South Korean tech company will produce carmaker’s next-generation semiconductors at new plant in Texas

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Samsung has agreed a $16.5bn (£12.3bn) deal to manufacture artificial intelligence chips for Tesla, in a move hailed by Elon Musk on Monday.

The South Korean tech company announced the contract with an unnamed client in a regulatory filing, with Tesla’s chief executive giving further details on his social media platform, X.

South Korean tech company will produce carmaker’s next-generation semiconductors at new plant in TexasBusiness live – latest updatesSamsung has agreed a $16.5bn (£12.3bn) deal to manufacture artificial intelligence chips for Tesla, in a move hailed by Elon Musk on Monday.The South Korean tech company announced the contract with an unnamed client in a regulatory filing, with Tesla’s chief executive giving further details on his social media platform, X. Continue reading…

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