Strategy in TECH...
Enigmatic, mercurial CEO Elon Musk confirmed to Reuters news that Tesla has signed a deal with Samsung Electronics to manufacture and supply Tesla’s next-generation AI chips, the AI6. The contract is said to be valued at $16.5 billion.
More evidence is emerging of the possibility of an economically significant impact from a stressed supply chain that has hit the global supply of integrated circuits (chips) hard. First felt in the automotive segment, now Samsung is warning that the global chip shortage is impacting smartphones and personal computers.
Two separate announcements this week add significant momentum to a rapidly growing market we first told you about three years ago – the residential energy storage market. Now, two new announcements – one from Toshiba in Japan, and the other from home-grown Tesla, dramatically reveal the increasing interest in this all-new market for residential energy storage devices.
