Tesla and Nvidia Invest 2.8B in Samsung
Tesla and Nvidia will invest 2.8 billion dollars in Samsung Electro-Mechanics to build advanced chip substrate production lines in South Korea. The facilities will manufacture components for AI semiconductors under a long-term supply agreement.
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SAMSUNG ELECTRO-MECHANICS CO secured a 3.7 trillion won ($2.8B) investment from TESLA INC and NVIDIA CORP on an October morning to build advanced chip substrate facilities in South Korea*. The funding will establish specialized production lines for FC-BGA components used in AI semiconductors.
