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Samsung makes massive Tesla deal

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,

Investor's Business Daily on MSN · 19h

Tesla Signed A $16 Billion Deal For Samsung AI Chips. It Just Inked Another Deal To Sidestep China.

LG Energy already supplies batteries to Tesla and General MotorsGM. Tesla's decision to contract with LG Energy for LFP batteries comes just days afte

PCMag on MSN · 2d

Samsung Secures $16.5 Billion Tesla AI Chip Deal, Production Set For Texas

Samsung is producing the current A14 chip for Tesla, while TSMC won the deal to produce the A15 chip. For the A16, Samsung will be back onboard. This new deal lasts until 2033, so it's likely designed to keep Samsung producing the A17 and beyond.

eWeek21h

Elon Musk Predicts $30 Trillion From Tesla’s Robots, Calls AI ‘Supersonic Tsunami’

Elon Musk predicts Tesla’s Optimus robots could drive $30T in annual revenue, marking a bold AI pivot beyond electric ...

Hoodline19h

Tesla and Samsung Seal $16.5 Billion Deal for AI Chip Production in Taylor, Texas, Sparking Economic Optimism

Tesla and Samsung sign a $16.5 billion deal for AI chip production in Taylor, Texas, set to strengthen the local economy and ...

Tesla stock: Wolfe sees an improving AI/Autonomy narrative

Investing.com -- Wolfe Research said the investment case for Tesla (NASDAQ: TSLA) is shifting increasingly toward its ...

31m

Musk announces launch of Tesla ride-hailing service in Bay Area

Tesla has launched a ride-hailing service in the San Francisco Bay Area, Elon Musk announced early Thursday. While the Tesla CEO hinted earlier this month that his ...

Samsung says tariff agreement reduces uncertainty, expects boost from Tesla deal

Samsung Electronics said a trade deal between South Korea and Washington will help to alleviate business uncertainty, as the ...

19h

Tesla Shares Are Down Today: What You Need To Know

Tesla shares are trading lower Wednesday, extending losses that began after the company's second-quarter earnings report last week.

Tesla's AI Revolution Can't Save It From Crashing Margins (Yet)

Tesla's Q2 results confirmed deteriorating fundamentals: deliveries and revenue declined, margins compressed. Read why I rate ...

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