Sundry Photography
SoftBank (OTCPK:SFTBY) (OTCPK:SFTBF) founder Masayoshi Son is looking to team up with Taiwan Semiconductor Manufacturing (NYSE:TSM) to realize what could be his biggest bet yet — a trillion-dollar industrial complex in Arizona to build robots and artificial intelligence, Bloomberg reported Friday.
Son envisions a version of the vast manufacturing hub of China’s Shenzhen that would bring back high-tech manufacturing to the US, the report said.
The park may comprise production lines for AI-powered industrial robots, as the Japanese tech investment group shifts focus to long-term growth opportunities.
The company is making a bold push into artificial intelligence, pledging up to $40 billion in investments toward OpenAI—starting with an initial $8.5 billion through its Vision Fund 2.
SoftBank Group (OTCPK:SFTBY) (OTCPK:SFTBF) raised $4.8 billion by selling its stake in T-Mobile US (TMUS) to fund AI investments.
US tech giants Meta (META), Amazon (AMZN), Alphabet (GOOG), and Microsoft (MSFT), meanwhile, are set to spend a record $320 billion on AI and data centers in 2025, up from $230 billion in 2024.
More on Taiwan Semiconductor Manufacturing Company, SoftBank Group Corp.
- TSMC’s AI Bet Pays Off
- Taiwan Semiconductor Is Valued Like It’s Late 2019 Again
- TSMC Reports Another 40% YoY Revenue Growth In May, Resisting Tariff Fears
- Broadcom, Nvidia among those set to benefit from Co-packaged optics technology: J.P. Morgan
- Texas Instruments plans to invest over $60B in US chip manufacturing