The South Korean tech giant reports US$3.4 billion in operating earnings for April–June, down 55% from a year earlier.

Tesla has secured a $16.5 billion contract with Samsung Electronics to supply semiconductor chips. The deal was confirmed by both Samsung’s regulatory filing and Tesla CEO Elon Musk. It will take ...

Elon Musk has thrown his weight behind Tesla’s landmark US$16.5bn (A$25.3 billion) deal with Samsung Electronics, confirming ...

Revenue rose 0.7% from a year earlier, to 74.566 trillion won. Operating profit dropped 55%, to 4.676 trillion won, as the company booked one-off inventory-value losses on unsold advanced chips due to ...

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a $16.5 billion deal to source chips from Samsung Electronics. While the move ...

Samsung Electronics Co.’s surprise $16.5 billion chipmaking deal with Tesla Inc. has breathed new life into a foundry ...

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip sector and eyeing Taiwan’s TSMC in the battle for supremacy in another.

When South Korea's Supreme Court acquitted Samsung Electronics Executive Chairman Jay Y. Lee on July 17, it closed a legal ...

Earlier this week, Samsung announced a $16.5 billion chipmaking deal with Tesla, fueling new hope for investors.

South Korea's Samsung Electronics signed a $16.5 billion, eight-year contract to supply semiconductors to a global company, ...

“Samsung wins $16.5B Tesla deal to make AI6 chips in Texas thru 2033. Major breakthrough for Samsung's foundry business (8% share) vs TSMC's 68% market share. Diversifies Samsung beyond smartphones ...

Discover how Tesla's partnership with Samsung for AI6 chips will revolutionize self-driving tech and boost Samsung's chip division.