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Wall Street Journal

Tesla, Samsung Sign $16.5 Billion Deal to Make AI Chips

Chips will be Designed for AI Data Centers, Autonomous Driving and Robots; Shares in South Korean Tech Giant Surge

Samsung Electronics will manufacture artificial-intelligence chips for Tesla in Texas under a $16.5 billion multiyear deal, a major win for its U.S. foundry business that sent shares of South Korea’s largest company sharply higher.

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