News

Elon Musk on $16.5B Samsung-Tesla Deal: ‘Hard to Overstate’ Its Importance

Samsung will produce AI6 semiconductors, the next-generation chip, for Tesla’s self-driving mode and other projects.

Samsung second-quarter profit more than halves, missing expectations, weighed by slump in chip business

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same ...
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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 ...
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Elon Musk Predicts $30 Trillion From Tesla’s Robots, Calls AI ‘Supersonic Tsunami’

Elon Musk predicts Tesla’s Optimus robots could drive $30T in annual revenue, marking a bold AI pivot beyond electric ...

Samsung profit tumbles as it struggles to catch up in the AI chip race

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...

Samsung says tariff agreement reduces uncertainty, expects Tesla deal to boost orders

Samsung Electronics said a trade deal that will see Washington charge 15% tariffs on imports from South Korea reduces ...