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Samsung Electronics' USD 16.5 billion deal to manufacture Tesla's next-generation AI6 processors has gained new weight after Tesla shut down its Dojo supercomputing team, a move widely seen as a sign the electric carmaker will lean more on external chip partners.
South Korea's top chipmakers may escape the brunt of US President Donald Trump's proposed 100 per cent tariffs on imported semiconductors, after US Commerce Secretary Howard Lutnick clarified that companies investing in US manufacturing plants would be exempt.
As of 9:15am, Samsung was trading at 70,000 won (USD 50.45) on the Korea Exchange, up 1.74 per cent from the previous session, reclaiming the symbolic "70,000 club" status.
Samsung Electronics has landed a record USD 16.5 billion deal to produce Tesla's next-generation AI chips, known as the AI6, reports Korea Herald.
Tesla CEO Elon Musk announced on X (formerly Twitter) that Samsung's chip plant in Taylor, Texas, will be dedicated to manufacturing the AI6 chip
Stock prices of South Korea's leading chipmaker Samsung Electronics and crosstown rival SK Hynix have witnessed different trajectories, pricing in contrasting outlooks for their business prospects, as reported by the Korean Herald.
New Delhi [India], July 18: In a move that marks a strategic turning point for India's electronics manufacturing sector, Messe Muenchen India has announced that its flagship trade fairs--electronica India and productronica India--will be held annually in Delhi-NCRand Bengaluru starting in Ap
The recent decision by the United States to lift restrictions on Nvidia's AI chip exports to China is expected to significantly benefit South Korean chipmakers Samsung Electronics and SK hynix, particularly in the high-bandwidth memory (HBM) segment, as reported by The Korea Herald.