StocksMediumUpdated×2•Originally published 26 October 2026•Updated 26 October 2026•
1 min read
Samsung Electro-Mechanics Secures $2.7B Deals with Tesla and NVIDIA
Key Facts
1Samsung Electro-Mechanics reportedly received combined investments of KRW 3.7 trillion from Tesla and NVIDIA for advanced chip-substrate facilities.
2Tesla reportedly signed a long-term supply agreement with a dedicated production line at the company's Sejong Plant in South Korea.
3NVIDIA and Samsung officially announced a joint investment to expand manufacturing facilities for ABF package substrates used in AI semiconductors.
Samsung Electro-Mechanics reportedly secured combined investments totaling KRW 3.7 trillion, approximately $2.7 billion, from Tesla and NVIDIA, according to Tech Insider. The deals include a long-term supply agreement with Tesla featuring a dedicated production line at the Sejong Plant in South Korea, alongside an official joint investment with NVIDIA to expand manufacturing facilities for ABF package substrates used in AI semiconductors.
The investments aim to secure critical supply chains for AI and automotive electronics. NVDA closed at $210.96 and TSLA closed at $372.22 on October 23, 2026. Among industry peers on the same date, TSM closed at $418.51, AMD finished at $516.79, and INTC ended the session at $86.96.