Details

📑 Record-Size Contract Manufacturing: Samsung will produce custom AI chips for Tesla through 2033, with a total volume of about $16.5 billion, according to a stock-exchange filing.📈 Market Reaction: The share price in Seoul jumped over 6 percent and hit its highest level in months. Investors are betting on fresh momentum in Samsung’s previously weak contract-manufacturing business.🔧 Joint Production in Texas: Tesla’s new AI6 chip design will be manufactured at the Taylor, Texas plant. Elon Musk announced that his team will work directly on the factory floor to boost both quality and output.⚔️ Pressure on TSMC: The mega-deal brings Samsung closer to the world leader—especially in two-nanometer technology—intensifying the competition for top-end AI chips.

Why It Matters

Sources: CNBC Nikkei Bloomberg
Free Guide

The China Survival Guide for Western Businesses

Entity setup, WeChat strategy, hiring your first local team. 12+ years on the ground in Shanghai.