Samsung Electronics has signed a $16.5 billion deal with Tesla to produce advanced AI chips through 2033. These next-generation AI6 chips will be manufactured at Samsungโs new plant in Taylor, Texas. The partnership aims to revive Samsungโs struggling foundry business, which has faced heavy losses recently. Tesla CEO Elon Musk will personally oversee production improvements. This deal strengthens both companies’ positions in the growing AI and electric vehicle sectors and boosts Samsungโs chip manufacturing presence
