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Samsung makes massive Tesla deal

USA TODAY · 1d

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.

Insider Monkey on MSN · 19h

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,

Barron's on MSN · 3d

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

If Musk is set on moving chip production to the U.S., then the Samsung factory may hold other advantages over Taiwan Semi. Samsung is bringing its most advanced manufacturing to Texas, while Taiwan Semi’s factory in Arizona uses its previous generation, and that may mean Taiwan Semi’s technical advantage is erased in U.S. production.

7h

Samsung chip arm logs big profit miss in sign of widening crisis

Profit fell after Samsung’s foundry arm booked a one-time inventory cost as export controls led to unsold AI chips.

18h

Samsung Q2 profit drops 55% on weak AI chip sales, China curbs

It's chip division posted a profit of 400 billion won, down from 6.5 trillion won a year earlier. Read more at ...

The Business Times4d

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 ...

2don MSN

Why Tesla Stock Jumped Today

Shares of Tesla ( TSLA 3.11%) climbed higher on Monday. The electric vehicle (EV) maker's stock gained 3% as of market close, ...

2don MSN

Samsung secures 16.5 billion dollar contract to manufacture Tesla next generation AI chips

Samsung aims to begin mass production at its Texas facility in the second half of 2026. The announcement boosted Samsung’s ...

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