Provided by Hekyong Yang and Hyunjoo Jin
Seoul (Reuters) -Tesla CEO Elon Musk said the US car manufacturer signed a $ 16.5 billion -worth -worth deal for sources from Samsung Electronics sources, which is expected to strengthen the South Korean technology giant production business.
After Monday, Samsung’s shares have risen almost 7% after this transaction, which will appear as the best manufacturer of memory chips in the world, faces increasing pressure in the race to produce artificial intelligence chips, where it follows competitors such as TSMC and SK Hynix.
Musk said Samsung’s new chip factory in Taylore, Texas, will make Tesla’s next -generation AI6 chip, potentially updating a project that has been delayed for a long time as Samsung’s difficulties in maintaining and attracting main customers.
Samsung agreed to allow Tesla to help maximize production efficiency. This is a critical point because I personally will go to the line to speed up the pace of progress. And Fab is conveniently located near my house, “Musk said on Monday’s X post.
“The number of $ 16.5B is just a minimum minimum. The actual output is likely to be several times higher,” he said in another post.
Samsung’s shares increased by 6.8% to the highest since September last year, while Tesla’s shares increased by 1.9% in the US before market trade.
According to NH Investment & Securities senior analyst, Ryu Young-Ho, Samsung Taylor Fab has almost no customers, so this order is quite meaningful, “although the transaction can be a small part of its logical chips annually.
October Reuters reported that Samsung was postponing its Texas Factory ASML Chipmaking equipment because it had not yet won any major project customers. This has already delayed the start of the factory until 2026.
It is unclear whether the Samsung-Tesla agreement is related to the continuous negotiations between South Korea and the US. Seoul is seeking the construction of US partnership tokens and ships, as the last ditch efforts seek to enter into a trade agreement to eliminate or reduce potential 25% US rates.
The South Korean Ministry of Trade Officer Reuters said he had not heard that a specific agreement was part of the trade negotiations.
Potential production time zone
Although there was no time zone for AI6 chips, Musk said earlier that the next generation AI5 chips would be produced in 2026. At the end, it shows that AI6 will be followed.
Lee Dong-Ju, SK Securities analyst, expects production in 2027. Or 2028, but Tesla’s history lacks its goals.