SoftBank
$SFTBY (+1,48 %) reportedly held talks with Intel
$INTC (+0,2 %) about the development of an AI chipthat could compete with Nvidia
$NVDA (+1,15 %) .

However, the project failed because the 🇺🇸 US chip manufacturer could not meet the requirements of the Japanese 🇯🇵 group of companies - Financial Times.