Samsung’s $16.5bn chipmaking deal with Tesla is set to be a crucial test of the Korean tech group’s ability to meet the high demands of Elon Musk while making the corporate changes needed to revive its struggling semiconductor business.

Elon Musk has been rebranding Tesla as an AI and robotics company for over a year. Tesla's latest deal could easily be misunderstood as a blow to Nvidia, especially by people who know that Tesla does business with Nvidia.