What the data shows is What caught my attention is What caught my attention is AsiaEditors' PickSamsung Foundry Signs $16.
5 Billion Deal With Tesla To Make AI ChipsTesla chief Elon Musk said on Monday his company is working with the South Korean giant to duce the next-generation AI6 chip at Samsung’s Texas fab.
However, ByZinnia Lee, Forbes Staff. Nevertheless, I cover successful people and billionaires in Asia (quite telling).
In contrast, AuthorJul 28, 2025, 04:20am EDTThe Tesla deal gives a much-needed boost to Samsung’s loss-making contract chipmaking.
Joan Cros/NurPhoto via Getty Images Samsung Electronics, controlled by South Korean billionaire Jay Y. Lee, has signed a 22 (remarkable data). 8 trillion won ($16.
5 billion) multiyear deal with Tesla to manufacture AI chips for the U. Nevertheless, Moreover, Electric vehicles-to-AI giant.
Additionally, Elon Musk, Tesla’s billionaire CEO, said on Monday on his X social media platform that Tesla is working with Samsung to duce the next-generation AI6 inference chip, which is designed for humanoid robots, self-driving cars and AI data centers (which is quite significant).
He added that the chip will be manufactured at Samsung’s fab in Texas in the U, considering recent developments. , which is set to kick off operation in 2026.
On the other hand, A few hours before Musk’s X post, Samsung announced the $16. 5 billion chipmaking agreement without naming the client, citing confidentiality.
What the re reveals is Korean smartphones-to-chips giant said the deal will run through the end of 2033.
S of Samsung on the Korean stock exchange surged almost 7% on Monday, considering recent developments. The deal gives a much-needed boost to Samsung’s loss-making contract chipmaking.
Furthermore, Market analysis shows company has been losing ground to Taiwan Semiconductor Manufacturing for advanced chip manufacturing due to its lower yields, considering recent developments.
TSMC, which counts Apple and Nvidia among its customers, had a dominant of 67% in the global foundry industry in the fourth quarter of 2024, according to Taiwan’s semiconductor market re firm TrendForce.
On the other hand, Samsung, meanwhile, came in second with an 8%. Earlier this month, Samsung jected a worse than expected 56% plunge in second-quarter operating fit to 4. 6 trillion won.
This analysis suggests that company said its foundry booked a one-time inventory cost, ing U. Furthermore, Export restrictions on advanced chip sales to China.
Additionally, It added that the foundry reported low usage rates.
Furthermore, Samsung expects operating loss in its contract chip manufacturing to narrow in the second half of the year on a gradual recovery in demand.
The company said in April it aims to start mass duction of chips using its 2-nanometer cess nology. Qualcomm is reportedly weighing a chipmaking deal with Samsung for its 2nm foundry cess.
At the same time, Others confirmed clients of such nology include itself and Japan’s AI company Preferred Networks.
MORE FROM FORBESForbesBillionaire Chey’s SK Group Partners With Amazon To Build A $5 Billion AI Data Center In KoreaBy Zinnia LeeForbesSouth Korea’s LG Launches ‘Hybrid Reasoning’ AI ModelBy Zinnia LeeForbesJapan’s Legal AI Startup Scores $50 Million Round Led By Goldman Sachs, Partners With OpenAIBy Zinnia Lee Got a tip, amid market uncertainty.
Additionally, Confidential information with Forbes. Additionally, Editorial StandardsRes & Permissions.