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News

Samsung stock rises on Tesla partnership

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.
Money Talks News on MSN · 5h
Musk Announces Major Samsung Partnership for Next-Gen AI Chips
Elon Musk announces groundbreaking Samsung partnership for AI6 chip production, potentially transforming both companies' market positions.
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.
The Business Times
6d
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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