Samsung has agreed a $16.5bn (£12.3bn) deal to manufacture artificial intelligence chips for Tesla, in a move hailed by Elon Musk. The South Korean tech company announced the contract with an unnamed client in a regulatory filing, with Tesla’s chief executive giving further details on his social media platform, X. Musk wrote that Samsung would produce Tesla’s next-generation AI6 chips …
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Dow Chases Record High; S&P 500, Nasdaq Rising; Trump, EU Trade Deal; Tesla, Nvidia, Intel, More Movers
The S&P 500 can only go so far when a majority of its stocks are struggling. That was the case Monday, as the index dropped 0.2% after being lifted by a handful of larger, riskier stocks earlier in the morning. The Dow was down 150 points, or 0.3%. The Nasdaq Composite, which is far more concentrated with tech, was up …
Read More »Tesla signs $16.5B deal with Samsung to make AI chips
Tesla has signed a $16.5 billion deal to get its next-generation chips from Samsung. “Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip,” Elon Musk posted on X late Sunday evening. “The strategic importance of this is hard to overstate.” Tesla’s AI6 (AKA Hardware 6) chip is the company’s bet on an all-in-one chip design …
Read More »Tesla Picks Samsung for Its AI Chips. These Stocks Are Moving on the News. – Barron's
Tesla Picks Samsung for Its AI Chips. These Stocks Are Moving on the News. Barron’s Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics CNBC ABJ: Samsung, Tesla strike $16B chip deal for Taylor factory KXAN Austin Musk announces Tesla, Samsung Electronics chip supply deal Axios TNB Tech Minute: Samsung Signs $16.5 Billion Chip-Supply Contract with Tesla – Tech …
Read More »Tesla, Lockheed Martin, ASML, AMD, Nike, Revvity, and More Market Movers – Barron's
Tesla, Lockheed Martin, ASML, AMD, Nike, Revvity, and More Market Movers Barron’s 5 Things to Know Before the Stock Market Opens Investopedia Stocks to Watch Monday: Cheniere, Nike, ASML, Coinbase The Wall Street Journal Biggest stock movers Monday: TSLA, BABA, and more (NASDAQ:TSLA) Seeking Alpha Stock Movers: Stellantis, ASML, Heineken Bloomberg Source link
Read More »Two motorcycle riders killed in crash with Tesla in Santa Cruz Mountains – San Francisco Chronicle
Two motorcycle riders killed in crash with Tesla in Santa Cruz Mountains San Francisco Chronicle 2 on motorcycle killed in Bay Area highway crash with teen Tesla driver SFGATE 2 dead in Harley-Tesla head-on crash in Santa Cruz Mountains KSBW 2 killed in motorcycle versus Tesla crash in Santa Cruz mountains KTVU Hayward motorcyclists killed in crash with Tesla driven by San Jose woman The …
Read More »Bull/Bear Debate: What’s next for Tesla after its earnings release?
jetcityimage Tesla’s (NASDAQ:TSLA) share price has been on a rollercoaster ride following its Q2 earnings report, which showed significant revenue declines and margin pressure amid growing competition and uncertain regulatory conditions. The electric vehicle pioneer’s stock dropped over 9% after revealing a 12% revenue Source link
Read More »Samsung Signs $16.5 Billion Chip Supply Contract With Tesla – The Wall Street Journal
Samsung Signs $16.5 Billion Chip Supply Contract With Tesla The Wall Street Journal Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics CNBC Musk Announces Deal With Samsung For Tesla AI Chips Made In Texas—Touts ‘Strategic Importance’ Forbes Musk says Tesla, Samsung Electronics sign chip supply deal Reuters Samsung to Make Tesla AI Chips in $16.5 Billion Multiyear Deal Bloomberg.com …
Read More »Musk says Tesla, Samsung Electronics sign $16.5 billion chip supply deal – Reuters
Musk says Tesla, Samsung Electronics sign $16.5 billion chip supply deal Reuters Samsung Electronics signs $16.5 billion chip-supply contract in boost to foundry business; shares rise CNBC Musk announces Tesla, Samsung Electronics chip supply deal Axios Samsung to Produce Tesla Chips in $16.5 Billion Multiyear Deal Bloomberg.com Samsung Elec signs $16.5 billion deal to make chips for global firm Yahoo Finance Source link
Read More »Musk says Tesla, Samsung Electronics sign chip supply deal – Reuters
Musk says Tesla, Samsung Electronics sign chip supply deal Reuters Samsung Electronics signs $16.5 billion chip-supply contract in boost to foundry business; shares rise CNBC Samsung to Produce Tesla Chips in $16.5 Billion Multiyear Deal Bloomberg.com Samsung Elec signs $16.5 billion deal to make chips for global firm Yahoo Finance Samsung signs $16.5 bn Tesla chip deal, Elon Musk confirms The Economic Times Source link
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