The South Korean giant will manufacture semiconductors for the US automotive company until 2033.
The actions of the South Korean technology Samsung fired 7% after the announcement of the unprecedented agreement for US $ 16.5 billion signed with the US automotive company Tesla for the production of semiconductors with artificial intelligence (AI) until the year 2033.
This Monday, Samsung reported that he had reached an agreement for 22.8 billion Wones to produce the next generation of Tesla. It will be manufactured in a plant Taylor (Texas)as confirmed by CEO from Tesla, Elon Muskin X, which ratified information from Bloomberg News.
The news about the new contract taught Samsung’s actions, but they also allowed the papers of Soulbrainone of its providers of essential computer materials will fly 16% in the South Korean bag (KRX). In Wall Streetthe shares of Tesla 3.7%.
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“It is difficult to exaggerate the strategic importance of this,” Musk wrote in his own social network. He also described the value of the agreement as “the minimum indispensable” and said that real production “will be several times higher.”
The AI6 component will replace the current AI4 system, and will constitute the driving hardware base for Tesla vehicles over the next few years, In search of reaching real autonomous management.
Samsung seeks to position yourself in the face of TSMC’s hegemony
Samsung seeks to position its foundry division against the hegemony of Taiwan Semiconductor Manufacturing Company (TSMC)which monopolized 67.6% of the global market share in the first quarter of the year.
On the contrary, the Samsung quota was reduced from 7.7% to 8.1% of the anterior quarter. In this regard, the Director General of Union Bancaire Privée SingaporeVey-Sern Ling, assured that the southeast of the southeast of the South Korean is deficient, and that it “is struggling against underutilization.”
Source: Ambito
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