Samsung reveals a mysterious $16.5 billion chip deal.
A regulatory filing in Korea shows that the electronics giant won an order to build chips for an unnamed large global tech company in a contract that runs through 2033, as reported by CNBC and The Korea JoongAng Daily. Samsung’s filing includes a notice to investors that the deal could be canceled or changed. Details like where the chips will be made (how’s that Texas plant going?) or what they’ll do are all unmentioned, but Bloomberg reports, via an anonymous source, that the mystery customer is actually Tesla. [Link: Samsung to Produce Tesla Chips in $16.5 Billion Multiyear Deal | https://www.bloomberg.com/news/articles/2025-07-28/samsung-bags-16-5-billion-deal-in-big-win-for-chipmaking-arm | bloomberg.com]
