SoftBank plans Arizona tech site; TSMC may join
SoftBank is reportedly in talks with TSMC for a possible partnership.
According to a Bloomberg report, SoftBank Group Corp. founder and CEO Masayoshi Son is reportedly exploring plans to develop a $1 trillion industrial complex in Arizona focused on AI and robotics.
The Tokyo-based technology investment firm’s proposed initiative — Project Crystal Land — aims to re-establish high-tech manufacturing capabilities in the United States.
The complex may include production facilities dedicated to AI-powered industrial robots, Bloomberg cited a source familiar with the matter as saying.
SoftBank reportedly seeks to collaborate with Taiwan Semiconductor Manufacturing Co. (TSMC) on the venture.
However, details regarding the nature of TSMC’s potential involvement or whether the company is considering a formal partnership remain unclear.
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