Samsung concludes an agreement with Tesla to produce artificial intelligence chips with $ 16.5 billion

Samsung Electronics intends to produce artificial intelligence chips for Tesla according to a new agreement worth 22.8 trillion ($ 16.5 billion), which boosts a strong boost to the troubled disk unit of the South Korean company. The largest company in South Korea announced on Monday that it had acquired the contract that lasted until the end of 2033. According to Elon Musk, CEO of “Tesla”, the company’s New Factory in Taylor, Texas, will produce the artificial intelligence confirming the sixth generation “AI6” of “Tesla”, which confirms what was published by “Bloomberg News”. The Samsung shares listed on the Seoul Stock Exchange increased by 5%, which recorded the highest level since September. A spokesman for the company refused to comment and pointed out the conditions of secrecy in the contract. Musk, 54, wrote through his ‘X’ platform: ‘The scope of the strategic importance of this (agreement) is greater than any description’, adding that he himself will oversee the production line, and that ‘Samsung’ has given him permission to improve operational efficiency. The upcoming “Tesla” disc is the enormous “Samsung” factory in Texas, will be devoted to the production of the upcoming “Tesla” chip, in a move that is a sign of confidence in the future manufacturing capabilities of the business. This contract comes at a time when “Samsung” loses its share in the chips manufacturing market. The company, which manufactures memory chips and also semiconductors for other clients, struggles to attract enough requests to utilize its total productive capacity, which has led to the completion of the construction and operation of its new factory in Texas to 2026. In Singapore: “The manufacturing unit of the slides has losses and suffers from a lack of operation, so this contract will form a big boost,” adds that “business with Tesla can help them attract other customers.” On the other hand, the leading company “Taiwan Simonukone Manovakchurring” (Taiwan Manovakchoring “(TSMC) is still not in the first quarter of this year. In the previous quarter, the opinion of” Bloomberg Intelligence “?” is a confidence in the ability of “Samsung” to achieve this progress.