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News

Samsung stock rises on Tesla partnership

Barron's on MSN · 5d
Samsung Stock Surges. Why It Needed the Tesla AI Chip Deal So Much.
If Musk is set on moving chip production to the U.S., then the Samsung factory may hold other advantages over Taiwan Semi. Samsung is bringing its most advanced manufacturing to Texas, while Taiwan Semi’s factory in Arizona uses its previous generation, and that may mean Taiwan Semi’s technical advantage is erased in U.S. production.
USA TODAY · 3d
Samsung stock rises on Tesla partnership after $16.5 billion AI chip deal
The agreement could bolster the company's unprofitable contract manufacturing business, but Samsung faces challenges securing other large customers.
Insider Monkey on MSN · 2d
Tesla (TSLA) Signs $16.5B AI Chip Deal With Samsung—Musk Calls It “Hard to Overstate”
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 may boost Samsung’s unprofitable contract business,
2don MSN

Why Did Micron Stock Drop Today?

For Micron, this poses a problem -- because Micron also wants to sell HBM3E memory, and now Samsung has effectively declared ...
The Business Times
6d

Samsung reasserts clout as top South Korean stock on AI catch-up hopes

HONG KONG] Samsung Electronics has at least briefly reassumed its place as South Korea’s most important stock, as investors ...

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