Tesla CEO Elon Musk announced that Samsung will supply the Austin automaker's next-generation chips in a $16.5 billion deal at Samsung's Texas facility. "Samsung's giant new Texas fab will be ...

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(Bloomberg/Yoolim Lee and Shinhye Kang) — Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.

Tesla CEO Elon Musk announced late on Sunday that Samsung will manufacture the car maker’s next-generation AI chip at its upcoming Texas semiconductor plant as part of a deal worth $16.5 billion, in a ...

A visitor to Tesla's plant outside Austin said she was injured by falling debris after two forklifts collided in front of her. Now she's suing the Elon Musk-led auto maker.

In 2020, Travis County, Texas, promised Tesla a wonderful treat: 20 years of tax rebates for the company’s massive Texas Gigafactory, which was yet to be built there at the time. Presently, that ...

Samsung Electronics will manufacture artificial-intelligence chips for Tesla in Texas under a $16.54 billion multiyear deal, a major win for its U.S. foundry business that sent shares of South Korea's ...

Elon Musk’s Texas land grab is bigger than anyone realized. His companies own more than 500 properties covering 6,000 acres across the state, from Cybertruck assembly lines outside of Austin to rocket ...