Tesla’s (TSLA) upcoming AI chip, the AI5, will be made by Samsung (SSNLF) in Texas as well as by TSMC (TSM) in Arizona, CNBC’s Kif Leswing reported, citing comments made by CEO Elon Musk on the company’s earnings call. The CEO said the company is aiming for “excess production” and any chips not used in cars or robots can be used in data centers.
Claim 55% Off TipRanks
Trade TSLA with leveragePublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSLA:
- Tesla Q3 Earnings: Key Takeaways as TSLA Stock Slides
- Cautious Hold on Tesla Amid Energy Storage Growth and Supply Chain Uncertainties
- Tesla’s Market Position and Future Prospects: A Hold Rating Amidst Fair Valuation and High Expectations
- Wall Street Analysts Split on Tesla Stock (TSLA) After Q3 Miss
- ‘Not Too Surprising,’ Says Top Investor About Tesla Stock