SoftBank Abandons Intel for AI Chip Production, Eyes TSMC

Intel's inability to meet volume and speed requirements leads SoftBank to seek partnership with TSMC for ambitious AI project.

SoftBank's plan to rival NVIDIA's AI GPUs hit a setback as talks with Intel collapsed.
Intel's recent cost-cutting measures and layoffs contributed to the breakdown of negotiations.
SoftBank CEO Masayoshi Son remains committed to advancing AI initiatives, including chip production and data centers.
TSMC, the world's largest contract chipmaker, is now in discussions with SoftBank for the AI chip project.
SoftBank's AI strategy involves significant investment and collaboration with major tech companies like Google and Meta.