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Live Updates  >  Live Update Details

2025-07-28 21:16:39

[Samsung Electronics received a large chip order of US$16.5 billion from Tesla, and its stock price soared 6.83%] ⑴ Samsung Electronics and Tesla signed an AI chip supply agreement worth US$16.5 billion. Musk said that the Texas factory will specialize in the production of Tesla AI6 chips. ⑵ Samsung's stock price soared 6.83% to 70,400 won, a new high since September last year; Tesla rose more than 1.5% before the market opened. ⑶ The agreement is valid until 2033. Analysts expect that it will increase Samsung's foundry business annual sales by 10%, which may become a turning point for business recovery. ⑷ Samsung is facing competitive pressure from TSMC. Its foundry market share fell to 7.7% in the first quarter. This order is expected to improve its 2nm technology production difficulties.

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