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flag Samsung will manufacture Tesla's new AI6 chips, in a $16.5B deal seen boosting both companies.

flag Tesla and Samsung have signed a $16.5 billion deal, with Samsung to manufacture Tesla's next-generation AI6 chips at its new Texas facility. flag This partnership is expected to bolster Samsung's struggling foundry business and secure Tesla's chip supply for its electric vehicles and AI systems. flag The deal comes as Samsung faces pressure from rivals like TSMC in the AI chip market. flag Samsung shares surged nearly 7% on the announcement.

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