financetom
Technology
financetom
/
Technology
/
Apple says Samsung will supply chips from Texas factory
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Apple says Samsung will supply chips from Texas factory
Aug 6, 2025 4:04 PM

Aug 6 (Reuters) - Apple ( AAPL ) said on Wednesday that

Samsung Electronics ( SSNLF ) will supply chips from its

production plant in Texas for Apple ( AAPL ) products including iPhones.

"This facility will supply chips that optimize power and

performance of Apple ( AAPL ) products, including iPhone devices," Apple ( AAPL )

said in a statement.

A Samsung spokesperson declined comment.

The statement was made as part of Apple's ( AAPL ) announcement it would

spend an additional $100 billion in U.S. investments, bringing

its total investment commitment to the country to $600 billion

over the next four years.

Tesla recently signed a $16.5 billion deal to source

chips from Samsung, with Tesla CEO Elon Musk saying in late July

that Samsung's new chip factory in Texas would make Tesla's

next-generation AI6 chip.

Samsung's chip contract manufacturing business is expected to

reduce losses by securing new orders in 2026 to make image

sensor chips for iPhone 18s and chips for Tesla, Pak Yuak,

analyst at Kiwoom Securities, wrote in a note late last month.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Market Whales and Their Recent Bets on Unity Software Options
Market Whales and Their Recent Bets on Unity Software Options
Oct 3, 2024
Deep-pocketed investors have adopted a bullish approach towards Unity Software ( U ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in U usually suggests something big is about to happen. We gleaned this information...
Evaluating BigCommerce Holdings: Insights From 5 Financial Analysts
Evaluating BigCommerce Holdings: Insights From 5 Financial Analysts
Oct 3, 2024
Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on BigCommerce Holdings ( BIGC ) in the last three months. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Italy aims for just one fiber network firm to operate in country, Trsy official says
Italy aims for just one fiber network firm to operate in country, Trsy official says
Oct 3, 2024
ROME, Oct 3 (Reuters) - Italy is aiming to have just one fiber network company operating in the country, a top Treasury official said on Thursday. Marcello Sala, in charge of managing policies for state-controlled firms, was asked at a Bloomberg event in Milan about the logic behind the Treasury's purchase this year, in a consortium led by U.S fund...
INSIGHT-Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
INSIGHT-Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns
Oct 3, 2024
* Tesla's FSD software lets ride-hail drivers work longer hours, increasing their profit * Drivers report critical shortcomings with FSD, including sudden acceleration and braking * Tesla on Oct. 10 is set to unveil its robotaxi product whose software will be based on FSD By Akash Sriram and Abhirup Roy Oct 3 (Reuters) - A self-driving Tesla carrying a passenger...
Copyright 2023-2026 - www.financetom.com All Rights Reserved