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Samsung Secures $16.5 Billion Deal to Produce AI Chips for Tesla

Samsung Electronics Co. has struck a multiyear deal worth $16.5 billion to manufacture AI semiconductors for Tesla Inc., boosting its foundry division. The agreement highlights Samsung's growing presence in the chipmaking industry and its ability to secure major partnerships with leading tech companies like Tesla.

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THE NBW BRIEF

  • Samsung Electronics Co. has struck a multiyear deal worth $16.5 billion to manufacture AI semiconductors for Tesla Inc., boosting its foundry division.
  • The agreement highlights Samsung’s growing presence in the chipmaking industry and its ability to secure major partnerships with leading tech companies like Tesla.

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