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Samsung to Make AI Chips for Tesla in US
Mint Hyderabad
|July 29, 2025
$16.5 bn deal a win for Korean co's underperforming foundry division
Samsung Electronics Co. will produce AI (artificial intelligence) semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.
South Korea's largest company announced on Monday that it secured the 22.8 trillion won chipmaking agreement, which will run through the end of 2033. The plan is for an upcoming plant in Taylor, Texas, to produce Tesla's next-generation A16 chip, Tesla chief Elon Musk said on X, confirming a Bloomberg news report.
This story is from the July 29, 2025 edition of Mint Hyderabad.
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