Tesla signs a $16.5 billion chip contract with Samsung Electronics

Samsung just scored its biggest foundry win yet. You mentioned it, $16.5% billion deal to produce Tesla's next generation EI chips. It's an 8-year contract, and Samsung shares are up on the news.Elon Musk did confirm the deal, saying the chips, called A16, will be made at Samsung's new fab in Taylor, Texas, and used to power Tesla's self-driving technology, eventually humanoid robots, and possibly even data centers, which could pose a threat for Nvidia way later on. OnX, Musk wrote, quote, "The strategic im ...