Elon Musk Confirms $16.5B Tesla-Samsung Chip Deal: Why It Matters Globally—and for India

Elon Musk’s Tesla has inked a $16.5 billion chip supply deal with Samsung Electronics, setting off a wave of optimism in global tech and semiconductor markets. The deal, running through 2033, marks a significant boost for Samsung’s underperforming foundry business and reflects Tesla’s ambitions to advance its AI-driven automotive capabilities. Samsung’s shares surged nearly 7% […]