The news has led to the rise of Samsung’s sharing by nearly 7% in the exchange in Seoul. Tesla security also increased by 1.7% in the mission framework in the United States.
Tesla general director Ilon Musk said on July 28th that the company entered a contract with South Korea Samsung Electronics for the supply of chips for $ 16.5 billion. Reported it about it Reuters On Monday, July 28th.
The transaction can significantly strengthen the contract of chips with Samsung, which is currently unprofitable.
The news has led to the rise of Samsung’s sharing by nearly 7% in the exchange in Seoul. Tesla security also increased by 1.7% in the mission framework in the United States.
“The new Samsung Gigantic plant in Texas is expected to produce the next generation AI6 for Tesla. It is difficult to overpower its strategic importance,” Musk wrote Monday at X.
Perhaps, we are talking about a factory in the city of Taylor, Texas. The project has previously faced delays due to Samsung’s difficulties involving large customers.
“Samsung agreed to allow Tesla to help to increase production efficiency as much as possible. This is critical, as I personally control the process to accelerate development. In addition, the plant is conveniently located near my home,” Musk added.
Samsung is currently producing A14 chips for Tesla, which is used throughout the driver’s (FSD) system. The following chips – AI5 – will be made by the Taiwanese company TSMC, first in Taiwan, and then to Arizona.
The timing of AI6 chips is not called a mask. It is known that the previous ones – A15 – plan to bring them to labor by the end of 2026, so AI6 will probably appear.
Samsung officially confirmed the deal of $ 16.5 billion, without indicating Tesla as a customer – the company defined privacy. The contract ended until the end of 2033.
Remember, on June 5, Tesla’s sharing dropped by 14%, reducing the cost of a manufacturer of electric vehicles by $ 152 billion. This is the biggest blow to the market capitalization of history in the midst of the scandal between US President Donald Trump and Tesla founder Ilon Musk.
After a few hours, Tesla stocks restored the growth against the background of an apology from the mask.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.