Overview

• Masayoshi Son has proposed Project Crystal Land, a $1 trillion industrial complex in Arizona designed to produce AI-powered industrial robots and advanced semiconductors in a vertically integrated hub.
• SoftBank is conducting preliminary talks with TSMC and Samsung, but neither company has committed to the plan and TSMC’s $165 billion US investment operates independently of the project.
• The venture depends on incentives from President Trump’s administration and Arizona officials, with SoftBank seeking tax breaks and other government support for factory investments.
• Son is exploring project-financing structures typical of large infrastructure developments to spread upfront costs, while the ultimate size of Crystal Land will be determined by interest from major technology firms.
• SoftBank is also preparing to invest $30 billion in OpenAI and to acquire Ampere Computing for $6.5 billion, underscoring its broader AI strategy.