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Samsung to Make AI Chips for Tesla in US

Mint Kolkata

|

July 29, 2025

$16.5 bn deal a win for Korean co's underperforming foundry division

- Bloomberg

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.

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Mint Kolkata

Mint Kolkata

America should think before it slams its door on immigration

The benefits of it are subtle but compelling enough to keep it going

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Fraudsters will mourn the end of UPI payment requests

The National Payments Corporation of India (NPCI) has phased out a major feature of the Unified Payments Interface (UPI) that has long made peer-to-peer (P2P) transactions both convenient and risky. From 1 October, the \"collect request\" option for P2P transactions has been withdrawn. This is a decisive step to combat a surge in financial fraud within India's digital payments ecosystem.

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October 09, 2025

Mint Kolkata

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Mini packs, big reach: Estée Lauder eyes India middle class

The American cosmetics and beauty giant is looking to expand investments in the country

time to read

3 mins

October 09, 2025

Mint Kolkata

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Our lacklustre market: The fault, dear investor, is not in our stars

Foreign investors have rational and opportunistic reasons to pull money out but the India Story must refresh its appeal too

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4 mins

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Adani taps SBI, Temasek, others for NMIA terminal

Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029

time to read

1 mins

October 09, 2025

Mint Kolkata

Mint Kolkata

Advertisers push for transparency standards in ad sales

Some of the advertising industry's largest players have joined forces to propose new standards for transparency in the digital auctions that increasingly dominate ad sales.

time to read

1 mins

October 09, 2025

Mint Kolkata

Mint Kolkata

Airtel's chief flags regulatory overreach in telecom sector

Telcos face disproportionate regulatory burden compared to other digital players, Vittal said

time to read

3 mins

October 09, 2025

Mint Kolkata

India pulls dumping levies on China, others

“India appears to be balancing its industrial and strategic priorities,” said Ajay Srivastava, founder of the Global Trade Research Initiative (GTR), a trade thinktank.

time to read

1 mins

October 09, 2025

Mint Kolkata

'Deep ambitions' for India: Rolls-Royce

Rolls-Royce has “deep ambitions” to develop India as its “home” market and foster strategic partnership riding on its technologies across land, air and sea domains, British defence major’s chief executive officer Tufan Erginbilgic said on Wednesday.

time to read

1 min

October 09, 2025

Mint Kolkata

Mint Kolkata

India pulls several anti-dumping levies on China, others

New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.

time to read

1 min

October 09, 2025

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