Samsung wins $16.5 billion deal to make Tesla's A16 chips
It will use a Texas-based factory that had struggled to line up any customers. Samsung will make Tesla's A16 chip in a deal worth 22.8 trillion won ($16.5 billion). The chip manufacturer had filed a regulatory contract with an unnamed entity, but Elon Musk announced Tesla as the other party on X (formerly Twitter). The deal will run through 2033 and utilize an upcoming plant in Taylor, Texas. Musk stated, "Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 ch