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News

Samsung makes massive Tesla deal

Hoodline · 1d
Tesla and Samsung Seal $16.5 Billion Deal for AI Chip Production in Taylor, Texas, Sparking Economic Optimism
Tesla and Samsung sign a $16.5 billion deal for AI chip production in Taylor, Texas, set to strengthen the local economy and semiconductor industry.
Austin American-Statesman · 3d
Tesla taps Samsung in $16.5B AI chip deal tied to new Austin-area facility
Samsung will produce Tesla’s next-gen AI chips at its semiconductor plant set to open next year northeast of Austin in Taylor.
FOX 7 Austin on MSN · 3d
Tesla, Samsung microchip deal good news for Taylor
Tesla CEO Elon Musk announced on Monday that the U.S. automaker will work the South Korean tech giant on a new microchip deal worth $16.5 billion. The move is a shot in the arm for Samsung, which has struggled to get it chip-making project off the ground in Taylor.
18h
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 ...
2d
Austin is big winner in $16.5B Samsung-Tesla pact
Ultimately, experts said the deal does more for Samsung than Tesla. But the Austin metro is also considered a big winner.
KVUE4y
Tesla, Samsung, Apple among companies moving, expanding in Austin ...
One of the biggest companies to relocate to Austin was Tesla. Construction of the 7.9-million-square-foot Gigafactory is well underway.

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