Tesla signs $16.5B deal with Samsung to make AI chips
TechCrunchJUL 28
This deal, which will see American-made chips placed in Tesla vehicles, was only possible thanks to the initiative of the Biden administration under its revolutionary Chips and Science Act. Samsung was the beneficiary of funds to help establish its new foundry in Texas. President Trump has spoken out against the act, and his tariff strategy is also going to show how inadequate the semiconductor strategy of this administration is.
The Biden administration was eager to hand out taxpayer funds, but less willing to actually make the U.S. the chip capital of the world. President Trump has worked to export more American-made semiconductors in a move that will actually grant the country a competitive edge on the world stage. Trump has reversed Biden-era regulations that let businesses build without interference and ink deals as large as this one with Tesla.
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The Biden administration was eager to hand out taxpayer funds, but less willing to actually make the U.S. the chip capital of the world. President Trump has worked to export more American-made semiconductors in a move that will actually grant the country a competitive edge on the world stage. Trump has reversed Biden-era regulations that let businesses build without interference and ink deals as large as this one with Tesla.
There is a 5% chance that Tesla will be able to mass produce humanoid robots by the end of 2027, according to the Metaculus prediction community.