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Samsung makes massive Tesla deal

USA TODAY · 3d

Samsung stock rises on Tesla partnership after $16.5 billion AI chip deal

The agreement could bolster the company's unprofitable contract manufacturing business, but Samsung faces challenges securing other large customers.

Barron's on MSN · 4d

Samsung Stock Surges. Why It Needed the Tesla AI Chip Deal So Much.

Tesla is the first big customer to publicly announce using Samsung Electronics’ new Texas chipmaking factory, and it is an important vote of confidence for the troubled manufacturer. Tesla CEO Elon Musk took to his X platform late Sunday evening to announce two new generations of advanced chips.

Insider Monkey on MSN · 2d

Tesla (TSLA) Signs $16.5B AI Chip Deal With Samsung—Musk Calls It “Hard to Overstate”

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a $16.5 billion deal to source chips from Samsung Electronics. While the move may boost Samsung’s unprofitable contract business,

The Chosun Ilbo on MSN23h

Foreign investors drive Samsung stock to biggest monthly gain in 5 years

Samsung Electronics stock surged over 19% in July, marking its highest monthly gain in nearly five years. Despite challenges ...

The Business Times6d

Samsung reasserts clout as top South Korean stock on AI catch-up hopes

HONG KONG] Samsung Electronics has at least briefly reassumed its place as South Korea’s most important stock, as investors ...

1d

Samsung profit drops 55% as chip delays, trade tensions weigh on business

Samsung Electronics just scored a $16.5 billion deal with Tesla tied to its Austin-area chip fab. Samsung is relying on the ...

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