Tesla Just Signed a $16.5 Billion Chip Deal
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FOX 7 Austin on MSNTesla, Samsung microchip deal good news for TaylorTesla CEO Elon Musk announced on Monday that the U.S. automaker will work the South Korean tech giant on a new microchip deal worth $16.5 billion. The move is a shot in the arm for Samsung, which has struggled to get it chip-making project off the ground in Taylor.
Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business.
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