Tesla signs $16.5B chip deal with Samsung. ๐ฐ
Strategic Partnership - Tesla has selected Samsung to manufacture its next-generation AI6 chip [1] - The multi-year deal is valued at $165 billion for Samsung [1] - Tesla's CEO, Elon Musk, signals a focus on driverless cars and robots, potentially impacting short-term profits [1] Technological Advancement - The A16 chip is integral to Tesla's self-driving vehicle initiative [2] - Tesla collaborated with Samsung to optimize the chip's manufacturing [2] Industry Impact - This contract is significant for Samsung, aiding in its expertise development [3] - Samsung has been facing challenges recently [2]