Samsung announces a $16.5B deal to produce chips that runs through the end of 2033 and boosts its underperforming foundry unit; source: Tesla is the customer (Bloomberg)

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Bloomberg:
Samsung announces a $16.5B deal to produce chips that runs through the end of 2033 and boosts its underperforming foundry unit; source: Tesla is the customer  —  Samsung Electronics Co. will produce semiconductors for Tesla Inc. in a new $16.5 billion pact that gives a boost for its underperforming foundry division.

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