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Samsung makes massive Tesla deal

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,

Cryptopolitan on MSN2d

Samsung profit miss signals deepening chip crisis

Samsung’s semiconductor division posted a much lower-than-expected profit of $288 million due to foundry losses and US export ...

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 ...

15h

Tesla’s Samsung order shift unlikely to hurt TSMC: Morgan Stanley

Investing.com -- Tesla’s decision to shift some semiconductor orders to Samsung (KS: 005930) starting in 2027 is unlikely to have a major impact on TSMC’s earnings or valuation, according to Morgan ...

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