#XSuperApp SoftBank is seeking to launch a $1 trillion industrial complex in Arizona to build AI and robotics

SoftBank Group founder Masayoshi Son is reportedly looking to launch a $1 trillion industrial complex in Arizona to build AI and robotics. The institution is also looking to partner with Taiwan Semiconductor Manufacturing Company (TSMC) to launch the project.

According to the report, the project dubbed Project Crystal Land, appears to still be in its early stages. Son said he is also not sure what TSMC’s role would be despite SoftBank’s desire to work with the firm on the project. He argued that TSMC would be interested in joining forces with Softbank since it already has its infrastructure projects in Arizona in the works.

SoftBank advances its interest in chip manufacturing

$IREN SoftBank founder Masayoshi Son is envisaging setting up a $1 trillion industrial complex in Arizona that will build robots and artificial intelligence, Bloomberg reported on Friday, citing people familiar with the matter.

Son is seeking to team up with Taiwan Semiconductor… pic.twitter.com/hMAiwXQkYp

— 𝒰𝓂𝒷𝒾𝓈𝒶𝓂 (@Umbisam) June 20, 2025

Son said he envisions a version of the manufacturing hub of China’s Shenzhen that would bring back high-tech manufacturing to the U.S. The report also revealed that 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. The statement also alleged that there were talks with the U.S. Secretary of Commerce, Howard Lutnick.

The report disclosed that Son is also sounding out interest among tech companies, including Samsung Electronics. It revealed that the plans are preliminary and feasibility depends on support from the Trump administration and state officials.