Chip supplies | Elon Musk confirms an agreement between Samsung and Tesla

(Seoul) Tesla CEO. For example, Elon Musk, confirmed on Monday that the Texan factory of Samsung Electronics will provide fleas to its company, after the Korean company announcement with an agreement of an American $ 16.5 billion. Similarly,

Posted at 6:42 a.m.

“The new giant Samsung factory in Texas will be dedicated. Consequently, to the manufacture of the new generation of Tesla AI chip. Meanwhile, The strategic importance of this decision is difficult to overestimate. Consequently, ”he wrote on social network X, of which he is also the owner.

Samsung announced on Monday that it had concluded an eight chip supplies | elon musk -year agreement. without naming the customer, describing it only as a “large global company”, in a regulatory document.

As part of this $ 16.5 billion agreement, the partnership, which took effect on July 24, will continue until the end of 2033.

“I will personally commit myself to accelerating the pace of progress. And the factory is ideally located, not far from my home, ”said Musk in a second publication.

The South Korean giant announced at the beginning of the month to expect a fall of 56 % over a year of its operating profit in the second quarter. due to the export to China advanced components imposed by the United States.

Despite more than a year of efforts to make up for the gap with its chip supplies | elon musk South Korean rival of SK Hynix electronic chips. Samsung has encountered difficulties in providing large volumes of wide-band (HBM) chips, necessary for artificial intelligence (AI).

The group has thus turned more towards the Chinese market. but it is now under pressure after Washington has imposed restrictions on this sector, which prevent American companies from exporting their chips.