Samsung Electro-Mechanics reportedly gets $2.8 billion chip investment from Tesla and Nvidia
TSLA•Samsung Electro-Mechanics will reportedly receive 3.7 trillion won ($2.8 billion) from Tesla and Nvidia to build facilities for advanced AI chip substrates in South Korea. Tesla is set to invest 1.1 trillion won and Nvidia 2.6 trillion won.
1. Investment for chip substrates
Samsung Electro-Mechanics will reportedly receive a total investment valued at 3.7 trillion won ($2.8 billion) from Tesla and Nvidia to build production lines for FC-BGA substrates used in AI semiconductors in Sejong, South Korea. Tesla will invest 1.1 trillion won and Nvidia 2.6 trillion won, with the substrates to be supplied under a long-term contract.
