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CNBC's Kristina Partsinevelos joins 'The Exchange' to discuss Tesla and Samsung's new partnership.
Elon Musk wrote that he would "walk the line personally" of Samsung's Texas chipmaking plant that will make Tesla chips. Samsung's chip plant is only miles away in Taylor, which Musk wrote was "convenient.
Elon Musk confirmed that Tesla has signed a $16.5 billion chip contract with Samsung Electronics. Samsung, which is set to deliver earnings on Thursday, expects its second-quarter profit to more than halve.
Tesla has signed a $16.5 billion deal to get its next-generation chips from Samsung.
CNBC's Kristina Partsinevelos joins 'Squawk on the Street' to discuss the latest news on the chips sector.
Morning Brief anchor Julie Hyman breaks down the latest market news for July 28, 2025. The Federal Reserve is holding its July FOMC meeting this week.
Tesla's deal with Samsung will onshore and diversify the supply of chips that power Tesla's self driving cars. Bloomberg's Ed Ludlow joins Open Interest to talk about the context behind the deal.
Tesla Inc (NASDAQ:TSLA) has signed a $16.5 billion multiyear chip supply deal with Samsung Electronics, set to last through the end of 2033, CEO Elon Musk announced on Monday. This agreement is focused on South Korea-based Samsung producing Tesla's next-generation AI6 chips at a new fabrication facility in Taylor, Texas.
There's no shortage of Mag 7 headlines as four of the biggest companies report earnings this week. Jenny Horne talks about Microsoft's (MSFT) price target hikes after the company's stellar rally following its last report.
South Korean tech company will produce carmaker's next-generation semiconductors at new plant in Texas