Seoul, April 16 -- Samsung Electronics is set to deepen its role in Tesla's AI chip lineup after the automaker completed the design of its next-generation AI5 processor, a milestone that could help revive the Korean company's struggling foundry business, according to a report by The Korea Herald.

Tesla CEO Elon Musk said Wednesday that the electric vehicle company's AI chip team had "taped out" the AI5 processor, marking the point at which a design is finalized and sent to manufacturing partners.

"Congrats to the @Tesla_AI chip design team on taping out AI5! AI6, Dojo3 & other exciting chips in work," Musk said on his X account.

In another post, he confirmed that both Samsung and TSMC will support production and that its chip will be "...