By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
businesspressbusinesspressbusinesspress
Notification Show More
Font ResizerAa
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Reading: Elon Musk’s Tesla and Samsung Electronics Agree on a €14 billion Chip Agreement
Share
Font ResizerAa
businesspressbusinesspress
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
  • Home
  • Interview
  • News
  • Press Release
  • Event
  • Real Estate
  • Finance
  • Technology
  • Business
  • Startups
Have an existing account? Sign In
businesspress > Blog > Business > Elon Musk’s Tesla and Samsung Electronics Agree on a €14 billion Chip Agreement
BusinessNews

Elon Musk’s Tesla and Samsung Electronics Agree on a €14 billion Chip Agreement

BusinessPress
Last updated: July 29, 2025 8:07 am
BusinessPress
Published July 29, 2025
Share
1366x768 cmsv2 b3607fef ee33 5850 a863 5a7c5a8375cd 9392099
SHARE

Elon Musk, the CEO of Tesla, said in a post on X that a Samsung factory in Texas will create the latest version of a cutting-edge semiconductor for its upcoming automobiles. Due to workflow problems and low production yields, the South Korean tech giant lost big clients like Google in recent years to rivals like the Taiwan Semiconductor Manufacturing Company (TSMC). This transaction is a significant victory for the company.

In order to maximize production efficiency, Samsung decided to let Tesla help,” Musk added in the statement. “I will personally walk the line to accelerate the pace of progress, so this is a critical point.

TSMC, which first manufactured the AI5 in Taiwan and will shortly be relocating manufacturing to a factory in Arizona, won the contract from Samsung, which already makes the AI4 and has been collaborating with Tesla since 2017.

Musk says the acquisition is “just the bare minimum” and that it is worth $16.5 billion (€14 billion), according to another post on X. actual output may be several times greater. The future AI6 chip is expected to support the technical development of Tesla’s humanoid robots and be utilised in AI model training, in addition to Tesla’s automobiles.

Also Read:

Building a Global Legacy of Character: One 100-Word Story at a Time How DR Rawson is Reshaping the Way the World Raises Children—and Leads Adults

Medhat Elabd: Driving Financial Foresight Through Trust and Precision

You Might Also Like

US-Based Aureus Tech Systems to be Acquired by Happiest Minds for $8.5 Million

Dhs495.2 Billion was Deposited and Held by UAE Banks

Know Other Dangerous Effects: Excessive Salt May Increase Eczema Risk

Netflix and TF1 in France Team together as Conventional TV Faces Difficulties

The Case over the Impending US ban on TikTok will be Heard by the Supreme Court

Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recipe Rating




Follow US

Find US on Social Medias
Facebook X-twitter Instagram Linkedin
Popular News

July 2024 GST Collections Were ₹1.82 Trillion, up 10.3% YoY

BusinessPress
BusinessPress
August 1, 2024
Opinions on Continuity and Change Regarding the Mandate from Mexico
Verify High-value Cash Transactions at Lodging Facilities and Medical Facilities: CBDT to IT Dept
International Agreements, Unique Platforms: How the UAE Assists Company Owners in Transforming their Ideas into profitable Ventures
China’s Nio introduces a Rival to Tesla Electric Vehicle Model Y

Categories

  • Business
  • Crypto
  • Event
  • Fashion
  • Finance
  • Gaming
  • Health & Fitness
  • Interview
  • Lifestyle
  • Marketing
  • News
  • Opinion
  • Photography
  • Press Release
  • Real Estate
  • Science
  • Social Media
  • Software
  • Startups
  • Technology
  • Uncategorized
  • World
Reading: Elon Musk’s Tesla and Samsung Electronics Agree on a €14 billion Chip Agreement
Share

About US

Business Press is an online media platform dedicated to providing valuable insights into the business world, covering a wide range of niches including technology, finance, marketing, health, artificial intelligence, events, software, cryptocurrency, and more. With a team of experienced journalists and industry experts, Business Press delivers the latest trends, analysis, opinion pieces, and exclusive interviews, catering to the needs of entrepreneurs, professionals, and business enthusiasts. The platform is committed to offering content that is informative, engaging, and thought-provoking, helping readers stay ahead in the ever-evolving business landscape.

Contact Now

sales@businesspress.online
+91.9899630849

  • About Us
  • Privacy Policy
  • Terms and Conditions
© Business Press 2025. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?