SoftBank ends AI chip production plans with Intel, shifts focus to TSMC discussions.

SoftBank reportedly ended plans to produce an AI chip with Intel due to inability to meet volume and speed requirements, and now focuses on discussions with TSMC, the world's largest contract chipmaker. The partnership between SoftBank and Intel did not materialize before Intel announced cost-cutting measures including layoffs in early August. Neither company has commented on the report.

August 15, 2024
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