SoftBank founder pitches $1 trillion U.S. AI hub to TSMC and Trump team: Report


SoftBank is keen to have TSMC involved in the project but it is not clear the Taiwanese company would be interested, Bloomberg reported on Friday [File]

SoftBank is keen to have TSMC involved in the project but it is not clear the Taiwanese company would be interested, Bloomberg reported on Friday [File]
| Photo Credit: REUTERS

SoftBank Group Corp founder Masayoshi Son is seeking to team up with Taiwan Semiconductor Manufacturing Co for a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg News reported on Friday, citing people familiar with the matter.

SoftBank officials have spoken with U.S. federal and state government officials to discuss possible tax breaks for companies building factories or otherwise investing in the industrial park, including talks with U.S. Secretary of Commerce Howard Lutnick, Bloomberg said.

A commitment of $1 trillion is double that of the $500 billion “Stargate” project which seeks to build out data centre capacity across the U.S., funded by SoftBank, OpenAI and Oracle .

SoftBank is keen to have TSMC involved in the project but it is not clear the Taiwanese company would be interested, Bloomberg reported on Friday.

SoftBank declined to comment. TSMC did not immediately respond to a request for comment. The White House and U.S. Department of Commerce did not immediately respond to requests for comment.

  • Related Posts

    NASA lays out moon base plans with landers, buggies and drones

    NASA Moon Base Programme Executive Carlos Garcia-Galan speaks during a news conference at NASA headquarters on May 26, 2026 in Washington, DC. | Photo Credit: Getty Images via AFP National…

    Continue reading
    SpaceX’s Starship rockets grounded pending investigation after test flight

    A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 12th test flight at Starbase, Texas, U.S. on May 22, 2026. | Photo Credit: Reuters SpaceX Starship…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *