Samsung’s Tesla order fuels recovery bets despite chip woes

siliconvalley.com/2025/07/30/samsungs-tesla-order-fuels-recovery-bets-despite-chip-woes

(Bloomberg/Sangmi Cha) — Samsung Electronics Co.’s surprise $16.5 billion chipmaking deal with Tesla Inc. has breathed new life into a foundry business all but written off by many investors.
Its stock has risen about 10% since news about the agreement on Monday, bringing Samsung’s gains…

This story appeared on siliconvalley.com, 2025-07-30 15:53:09.
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