Good morning. It’s Monday, Jul 28. Today we are covering:
Samsung Bags $16.5 Billion Deal in Big Win for Chipmaking Arm
This Was Supposed to Be the Year China Started Catching Up With SpaceX
‘It’s the most empathetic voice in my life’: How AI is transforming the lives of neurodivergent people
The surprise winner in the U.S.-China tech war? Vietnam’s chip industry
PayPal to roll out 'pay with crypto' feature for merchants
Let’s dive in
Samsung Bags $16.5 Billion Deal in Big Win for Chipmaking Arm
By Yoolim Lee via Bloomberg
Samsung Electronics secured a $16.5 billion (22.8 trillion won) deal to produce AI semiconductors for Tesla through 2033.
Production will take place at Samsung’s upcoming Taylor, Texas plant, focusing on Tesla’s next-generation AI6 chip.
The agreement is a major boost for Samsung’s underperforming foundry division, signaling a strategic win in the competitive chipmaking market.
𝕏: Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this is hard to overstate. Samsung currently makes AI4. TSMC will make AI5, which just finished design, initially in Taiwan and then Arizona. - Elon Musk (@elonmusk)
This Was Supposed to Be the Year China Started Catching Up With SpaceX
By Selam Gebrekidan via The New York Times
China’s satellite ambitions lag far behind SpaceX, with Qianfan deploying only 90 of its planned 650 satellites and Guowang just 34 of 13,000, compared to SpaceX’s 8,000 Starlink satellites in orbit.
The lack of reusable rockets like SpaceX’s Falcon 9—central to lowering costs and speeding launches—has stalled China’s progress, despite tests of alternatives such as Long March 8R, Zhuque-3, and the troubled Tianlong-3.
While China markets its satellite services internationally and pursues a record launch pace, experts warn it risks losing key radio frequencies if it fails to meet deployment deadlines, even as breakthroughs could still shift the balance of power in low Earth orbit.
𝕏: SpaceX has a 6-7 year headstart on reusable rockets, having started seriously investing in it in 2009-10. Also aerospace does not lend itself as much to mass production, which is a core China manufacturing strength. - Glenn (@GlennLuk)
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By Hani Richter via Reuters
AI tools like ChatGPT are transforming communication for neurodivergent individuals—such as those with autism and ADHD—by offering real-time guidance, empathetic interactions, and assistance in interpreting social cues.
Users, including filmmaker Kate D’hotman and engineer Michael Daniel, report that these tools act as editors, translators, and confidants, boosting confidence and reducing misunderstandings in both personal and professional settings.
Experts caution against overreliance on AI, warning that dependency could weaken social skills, critical thinking, and emotional resilience, even as the technology becomes increasingly embedded in daily life.
The surprise winner in the U.S.-China tech war? Vietnam's chip industry
By Lam Le via Rest of World
Vietnam's chip industry is experiencing a surge as U.S. tariffs on China drive global manufacturers to seek alternatives, with companies like Fab-9 reporting a 20% jump in orders and expanding production capacity.
Backed by a National Semiconductor Strategy, Vietnam is attracting investment from giants such as Intel and Amkor, while homegrown firms like VSAP Lab and Vietnam Wafer build domestic capabilities in wafer production, packaging, and testing.
Despite rapid growth, experts warn Vietnam must overhaul incentives and invest heavily in R&D to avoid Malaysia’s fate of hosting foreign factories without fostering a globally competitive homegrown semiconductor leader.
PayPal to roll out 'pay with crypto' feature for merchants
By Vish Gain via Business Post
PayPal is set to launch a new "pay with crypto" feature, enabling merchants to accept cryptocurrency payments directly.
The rollout aims to expand crypto adoption among businesses and offer customers more flexible payment options.
This move underscores PayPal’s continued push into digital assets and the evolving landscape of online commerce.
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