ReferIndia News Elon Musk's Tesla Sparks Revival: $16.5B Chip Deal with Samsung

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Elon Musk's Tesla Sparks Revival: $16.5B Chip Deal with Samsung

Published on: July 28, 2025, 4:22 p.m. | Source: Devdiscourse

Elon Musk announces a $16.5 billion deal between Tesla and Samsung Electronics to supply next-generation AI chips. The collaboration aims to boost Samsung’s lagging contract manufacturing business. The chips will be produced at Samsung's Taylor, Texas facility, expected to enhance production efficiency and advance Tesla’s AI capabilities.

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