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Elon Musk Confirms Tesla's $16.5B A16 Chip Contract With Samsung
July 28, 2025
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Samsung and Tesla have announced a $16.5 billion deal for Samsung to produce Tesla's A16 chips at its new fabrication plant in Taylor, Texas, marking a significant strategic move for both companies.

Elon Musk confirmed the deal on X, emphasizing that Samsung agreed to allow Tesla to assist in maximizing manufacturing efficiency, and he personally will oversee the process to accelerate progress.

The agreement, which runs through 2033, will see the A16 chip manufactured at Samsung's Texas facility, which had previously struggled to attract customers.

Samsung’s shares surged nearly 7% following the announcement, reaching their highest level since September of the previous year, while Tesla’s shares rose 1.9% in U.S. pre-market trading.

Samsung currently manufactures Tesla’s AI4 chips, which power its Full Self-Driving system, while TSMC is set to produce the AI5 chips in Taiwan and Arizona. Musk has indicated that AI5 production is targeted for late 2026, with AI6 production likely to follow in 2027 or 2028.

The deal is a critical win for Samsung, which has been under pressure in the competitive AI chip market, trailing behind rivals like TSMC and SK Hynix. The Taylor facility, central to Samsung’s strategy to expand its foundry business.

Samsung, the world’s leading memory chip maker, is seeking to expand its foundry business under Chairman Jay Y. Lee’s leadership. However, it holds only an 8% share of the global foundry market, significantly trailing TSMC’s 67% dominance. The company’s foundry division has faced mounting losses, estimated at over $3.6 billion in the first half of the year, making the Tesla deal a critical step toward reducing financial strain.

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SpaceX Launches Starship 7th Test Flight

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September 17, 2024
Charges Against Sean 'Diddy' Combs In Grand Jury Indictment

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"Dear husband"

A Dubai princess took to social media to announce she's divorcing her husband who's worth $40B.

She claims the billionaire is busy with his "other [female] companions"

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Alcaraz Dethrones Sinner at US Open With Trump In Attendance

Carlos Alcaraz defeated Jannik Sinner in the 2025 US Open final winning his second title at Flushing Meadows and reclaiming the world number one ranking, following a four-set victory of 6-2, 3-6, 6-1, 6-4.

The match at the USTA Billie Jean King National Tennis Center in Flushing Meadows, New York City, which was delayed by over 30 minutes due to enhanced security measures surrounding the attendance of former U.S. President Donald Trump, saw Alcaraz dominate with a powerful serve and aggressive net play, ending Sinner’s 27-match winning streak on hard courts and solidifying his lead in their head-to-head rivalry.

Alcaraz was more aggressive than in their Wimbledon clash, advancing to the net frequently and dictating the pace, while Sinner struggled with his serve and forehand under pressure. He broke Sinner in the opening game and maintained control, winning the first and third sets convincingly, before overcoming two match points in the fourth set to clinch victory with his 10th ace.

The victory marks Alcaraz 's sixth Grand Slam title, making him the youngest man since Björn Borg to achieve six major titles in the Open Era. The win allowed him to reclaim the world number one ranking from Sinner, ending the Italian’s 65-week reign.

Both players praised each other post-match, with Alcaraz joking that he sees Sinner more than his family, highlighting their mutual respect and competitive bond.

The final was the third consecutive Grand Slam final between Alcaraz and Sinner, with Alcaraz now leading their overall head-to-head record 10-5 and 6-4 in Grand Slam encounters.

Trump’s presence drew a mixed reaction from the crowd, with cheers heard when he was shown on the stadium screens.

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Germany Beats Northern Ireland In Crucial 2026 World Cup Qualifier

Germany secured a 3-1 victory over Northern Ireland in a crucial Group A World Cup qualifier, overcoming a spirited performance from the visitors despite a stunning equaliser from Isaac Price. The win eased pressure on head coach Julian Nagelsmann, who faced criticism following Germany's previous defeat to Slovakia.

Northern Ireland's young side, led by Price's 10th international goal, caused significant problems for Germany, particularly in the first half, but were ultimately undone by a quick-fire double from substitutes Nadiem Amiri and Florian Wirtz.

Germany started strongly at the RheinEnergieSTADION in Cologne, with an early goal from Serge Gnabry in the 7th minute after a quick break following a turnover by Eoin Toal. Northern Ireland responded with a powerful equaliser in the 34th minute when Isaac Price volleyed home a corner from Justin Devenny, a goal that showcased his growing impact at the international level.

The home side looked nervous after the goal, and the half-time whistle was met with boos from the frustrated German crowd.

The second half saw a shift in momentum after Nagelsmann's early substitutions, bringing on Maximilian Beier and Nadiem Amiri Amiri scored the second goal in the 69th minute after a long ball from David Raum confused Northern Ireland's goalkeeper Bailey Peacock-Farrell, who was left stranded as Beier's run drew the attention of both Peacock-Farrell and Eoin Toal.

Just four minutes later, Wirtz sealed the win with a stunning free-kick from outside the box, a strike that sailed over the wall and into the top corner, putting the game out of reach Wirtz, who recently joined Liverpool, celebrated the goal with visible emotion, acknowledging the importance of the win for the team's morale.

In a separate Group A match, Slovakia secured a 1-0 victory over Luxembourg, with Tomas Rigo scoring in the 90th minute to keep Slovakia at the top of the group.

Meanwhile, Spain maintained their perfect start to qualifying with a dominant 6-0 win over Turkey, thanks to a hat-trick from Arsenal's Mikel Merino.

In other recent matches:

Khvicha Kvaratskhelia scored as Georgia beat Bulgaria 3-0 in Tbilisi to revive their qualification hopes

Khvicha Kvaratskhelia scored as Georgia beat Bulgaria 3-0 in Tbilisi to revive their qualification hopes.

Further goals from Luka Gagnidze and Georges Mikautadze ensured Willy Sagnol’s side put behind them Thursday’s defeat at home to Turkey to climb to second in Group E.

The Netherlands survived a scare in Kaunas after Lithuania fought back from 2-0 down late in the first half before Ronald Koeman’s side eventually triumphed 3-2.

Memphis Depay had become his country’s all-time leading scorer with the opening goal before Quinten Timber doubled the lead, but the home side stunned the visitors with goals from Edvinas Girdvainis and Torino’s Gvidas Gineitis.

At that stage the Netherlands were set to drop to second in Group G before Depay capped a memorable night for him personally with a 63rd-minute winner.

Poland sit just behind the group leaders after Matt Cash scored his second goal in two games to help his team to a 3-1 win at home to Finland, Robert Lewandowski and Jakub Kaminski also scoring to seal the victory. Benjamin Kallman scored Finland’s late consolation.

Kevin De Bruyne scored twice as Belgium thumped Kazakhstan 6-0 to climb above Wales in Group J, with his former Manchester City team-mate Jeremy Doku also chipping in with a brace.

Nicolas Raskin and Thomas Meunier added goals to ensure their side maintained their strong position with a game in hand.

Craig Bellamy’s side are now third in the group after North Macedonia’s 5-0 win over Lichtenstein sent them top.

UEFA World Cup qualifying runs from March 2025; the 2026 FIFA men's World Cup takes place from June 11 to July 19, 2026; the tournament will be held across 16 cities in three North American countries: the United States, Canada and Mexico.

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Germany Beats Northern Ireland In Crucial 2026 World Cup Qualifier

Germany secured a 3-1 victory over Northern Ireland in a crucial Group A World Cup qualifier, overcoming a spirited performance from the visitors despite a stunning equaliser from Isaac Price. The win eased pressure on head coach Julian Nagelsmann, who faced criticism following Germany's previous defeat to Slovakia.

Northern Ireland's young side, led by Price's 10th international goal, caused significant problems for Germany, particularly in the first half, but were ultimately undone by a quick-fire double from substitutes Nadiem Amiri and Florian Wirtz.

Germany started strongly at the RheinEnergieSTADION in Cologne, with an early goal from Serge Gnabry in the 7th minute after a quick break following a turnover by Eoin Toal. Northern Ireland responded with a powerful equaliser in the 34th minute when Isaac Price volleyed home a corner from Justin Devenny, a goal that showcased his growing impact at the international level.

The home side looked nervous after the goal, and the half-time whistle was met with boos from the frustrated German crowd.

The second half saw a shift in momentum after Nagelsmann's early substitutions, bringing on Maximilian Beier and Nadiem Amiri Amiri scored the second goal in the 69th minute after a long ball from David Raum confused Northern Ireland's goalkeeper Bailey Peacock-Farrell, who was left stranded as Beier's run drew the attention of both Peacock-Farrell and Eoin Toal.

Just four minutes later, Wirtz sealed the win with a stunning free-kick from outside the box, a strike that sailed over the wall and into the top corner, putting the game out of reach Wirtz, who recently joined Liverpool, celebrated the goal with visible emotion, acknowledging the importance of the win for the team's morale.

In a separate Group A match, Slovakia secured a 1-0 victory over Luxembourg, with Tomas Rigo scoring in the 90th minute to keep Slovakia at the top of the group.

Meanwhile, Spain maintained their perfect start to qualifying with a dominant 6-0 win over Turkey, thanks to a hat-trick from Arsenal's Mikel Merino.

In other recent matches:

Khvicha Kvaratskhelia scored as Georgia beat Bulgaria 3-0 in Tbilisi to revive their qualification hopes

Khvicha Kvaratskhelia scored as Georgia beat Bulgaria 3-0 in Tbilisi to revive their qualification hopes.

Further goals from Luka Gagnidze and Georges Mikautadze ensured Willy Sagnol’s side put behind them Thursday’s defeat at home to Turkey to climb to second in Group E.

The Netherlands survived a scare in Kaunas after Lithuania fought back from 2-0 down late in the first half before Ronald Koeman’s side eventually triumphed 3-2.

Memphis Depay had become his country’s all-time leading scorer with the opening goal before Quinten Timber doubled the lead, but the home side stunned the visitors with goals from Edvinas Girdvainis and Torino’s Gvidas Gineitis.

At that stage the Netherlands were set to drop to second in Group G before Depay capped a memorable night for him personally with a 63rd-minute winner.

Poland sit just behind the group leaders after Matt Cash scored his second goal in two games to help his team to a 3-1 win at home to Finland, Robert Lewandowski and Jakub Kaminski also scoring to seal the victory. Benjamin Kallman scored Finland’s late consolation.

Kevin De Bruyne scored twice as Belgium thumped Kazakhstan 6-0 to climb above Wales in Group J, with his former Manchester City team-mate Jeremy Doku also chipping in with a brace.

Nicolas Raskin and Thomas Meunier added goals to ensure their side maintained their strong position with a game in hand.

Craig Bellamy’s side are now third in the group after North Macedonia’s 5-0 win over Lichtenstein sent them top.

UEFA World Cup qualifying runs from March 2025; the 2026 FIFA men's World Cup takes place from June 11 to July 19, 2026; the tournament will be held across 16 cities in three North American countries: the United States, Canada and Mexico.

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