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Samsung makes massive Tesla deal

Samsung stock rises on Tesla partnership after $16.5 billion AI chip deal

The agreement could bolster the company's unprofitable contract manufacturing business, but Samsung faces challenges securing other large customers.

Barron's on MSN · 4d

Samsung Stock Surges. Why It Needed the Tesla AI Chip Deal So Much.

Tesla is the first big customer to publicly announce using Samsung Electronics’ new Texas chipmaking factory, and it is an important vote of confidence for the troubled manufacturer. Tesla CEO Elon Musk took to his X platform late Sunday evening to announce two new generations of advanced chips.

Insider Monkey on MSN · 2d

Tesla (TSLA) Signs $16.5B AI Chip Deal With Samsung—Musk Calls It “Hard to Overstate”

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a $16.5 billion deal to source chips from Samsung Electronics. While the move may boost Samsung’s unprofitable contract business,

Samsung's Chip Profits Crash 94% — AI Demand, Tesla Deal, HBM3E Ramp Offer Hope For 2H Comeback As Trump Hits South Korea With 15% Tariff

Samsung forecast a gradual second-half recovery for its semiconductor business after Q2 operating profit at the division ...

Stock Movers: Samsung, Nike, PayPal

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

The Business Times6d

Samsung reasserts clout as top South Korean stock on AI catch-up hopes

HONG KONG] Samsung Electronics has at least briefly reassumed its place as South Korea’s most important stock, as investors ...

Tesla Stock Is Climbing Higher Monday: What's Going On?

Tesla, Inc. TSLA +1.46% Get Free Report shares are trading higher Monday after the company announced a $16.5 billion ...

25d

Samsung Electronics second-quarter profit likely to drop 39% on weak AI chip sales

Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader ...

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