Elon outs $16.5B Samsung chip deal Tesla asked to keep secret

Samsung Electronics has scored a $16.5 billion contract to make the silicon to power Tesla's next-gen self-driving computer hardware. The firm is set to produce this from a new fab it is building in Texas, according to Tesla CEO Elon Musk.

The Korean technology giant published a disclosure on its investor site today detailing a "supply agreement for semiconductor contract manufacturing" worth ₩22,764,764,160,000, or approximately $16.5 billion at current exchange rates.

Samsung's disclosure names the contracting party only as a "large global company," claiming that the name and other contract terms are being withheld "in accordance with the counterparty's request to maintain business confidentiality."

However, a post on the website formerly known as Twitter by Tesla chief Elon Musk appears to give away the game.

"Samsung's giant new Texas fab will be dedicated to making Tesla's next-generation AI6 chip ...