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Tesla Deal Could Help Boost Samsung’s Foundry Business

Summary by UPI
South Korea's Samsung Electronics signed a $16.5 billion, eight-year contract to supply semiconductors to a global company, which Elon Musk said was Tesla.,

10 Articles

Tesla CEO Elon Musk said in a post on X on July 28 that Tesla's next-generation chips will be produced at Samsung's upcoming semiconductor factory in Texas.

The technological empire of Elon Musk is taking a decisive step in its strategy of vertical integration. Tesla formalizes a major agreement with the South Korean giant Samsung for the production of its next generation artificial intelligence processors. This strategic partnership, with an initial value of $16.5 billion, positions Samsung's Texas factory as the nerve center for the manufacture of fleas ... Read more The Tesla article seals a colo…

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Heise broke the news in Germany on Tuesday, July 29, 2025.
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