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Tesla-Samsung $16.5 billion supply deal may spur chipmaker's US contract business
Tesla (TSLA.O) has signed a $16.5 billion deal to source chips from Samsung Electronics (005930.KS), a move that could bolster the South Korean tech giant's unprofitable contract business but is unlikely to help Tesla sell more EVs or roll out robotaxis more quickly.
Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk ’s posts on X. The memory chipmaker,
Tesla revenue dropped 12%, and profits slumped 16% in the three months through June as buyers continued to steer clear, and ...
Neuralink labeled itself in April as a “small disadvantaged business” in a federal filing with the U.S. Small Business ...
KYIV - During a pivotal push by Ukraine to retake territory from Russia in late September 2022, Elon Musk gave an order that ...
From lumbering six-foot machines to nimble back-flipping dogs, robots lorded over China’s most important annual AI conference in Shanghai this week. Thousands turned up to gawk at the antics of a ...
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China responds to Trump’s deregulation with AI governance appealChina's Premier Li Qiang spoke at the World AI Conference in Shanghai, calling for the establishment of an international ...
After a public split with Donald Trump over the “Big Beautiful Bill,” Elon Musk launched the America Party in an effort to ...
Efforts to set up a European space project alliance involving Italy's Leonardo , France's Thales and Airbus and aimed at ...
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Tesla investors are losing patience with Musk’s bold claims and slow progressTesla’s bold promises of self-driving cars and robotaxis are colliding with disappointing sales, regulatory roadblocks, and ...
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