Samsung Electro-Mechanics to get $2.8 billion from Tesla and Nvidia for AI chip lines
- • Tesla and Nvidia will reportedly invest 3.7 trillion won, about $2.8 billion, in Samsung Electro-Mechanics.
- Nvidia puts in 2.6 trillion won and Tesla 1.1 trillion won. Neither company has confirmed the deal.
- The money builds lines in Sejong for FC-BGA substrates, the base layer that AI chips are mounted on.
- Construction runs to early 2028. Mass production and deliveries to Tesla are expected from 2029.
Source: economictimes.indiatimes.com
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