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Samsung to make Tesla AI chips in multiyear Texas deal


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FILE- In this July 31, 2018, file photo employees walk past logos of the Samsung Electronics Co. at its office in Seoul, South Korea. Samsung is expected to unveil a new phone on Thursday, Aug. 9, 2018.

Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.


Originally published at Bloomberg
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