Samsung Electronics Shares Retreat After Tesla Deal, as Challenges Remain

Can Tesla and Samsung Find Salvation in Each Other?

Sometimes, mutual dependency is a good thing. On Monday, Tesla and Samsung announced a $16.5 billion multiyear deal for the latter to provide all-important artificial intelligence chips for the former. For Samsung, it’s a chance to finally carve out some market share from rival chipmaker TSMC. For Tesla, the deal could serve as the backbone for the lofty autonomous vehicle ambitions it has now staked its entire future on. Play it Again, Samsung …

Samsung Electronics shares retreat after Tesla deal, as challenges remain

SEOUL: Shares in Samsung Electronics came under pressure on Tuesday, following a powerful rally the previous day after the South Korean technology company clinched a US$16.5 billion deal to supply artificial intelligence chips to Tesla.

Samsung to Produce Chips for Tesla (TSLA) in $16.5 Billion Deal

Samsung lands $16.5 billion chip contract with Tesla

The deal was first revealed in a South Korean regulatory filing on July 26, 2025. Although Samsung did not name the customer due to confidentiality agreements, Tesla...

Tesla's US$16.5b chip deal gives Samsung major lift in 2nm race against TSMC

Tesla has signed a 7.5-year, US$16.5 billion contract with Samsung to produce its next-generation A16 chip using Samsung's 2nm process at its Texas facility. The deal represents a significant boost for Samsung, enhancing its foundry utilization and strengthening its foothold in the US automotive chip sector amid growing competition with TSMC.

Samsung to make tesla AI chips in $16.5 billion multiyear deal

Samsung Electronics secures $16.5 billion pact with Tesla for AI semiconductors, boosting its underperforming foundry division.