Samsung Inks $16.5B Deal with Tesla for AI Chips | Bloomberg Tech 7/28/2025
Samsung and Tesla have signed a $16.5 billion deal for the supply of AI chips. The agreement is a significant move, as Tesla seeks to bolster its autonomous driving capabilities. Additionally, the US and EU have reached a trade agreement that will impose a 15% tariff on European exports, including cars and chips. This development is likely to impact the broader tech industry, which is already preparing for a busy week of earnings reports from major players like Microsoft, Meta, Apple, and Amazon. The news highlights the ongoing shifts and challenges within the technology sector, as companies navigate evolving trade policies and seek to secure critical components like AI chips to power their innovative products and services.
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