All articles tagged with #optical connectivity
NVIDIA and Corning announced a multiyear partnership to dramatically expand U.S.-based optical connectivity and fiber manufacturing for AI infrastructure, boosting capacity 10x and fiber output by over 50%, with three new plants in North Carolina and Texas and more than 3,000 new high‑paying American jobs to support NVIDIA‑accelerated data centers.
Nvidia stock rose about 4.4% midday after the company announced a deal to invest in Corning to add three new optical manufacturing plants in North Carolina and Texas, advancing its AI infrastructure push. The arrangement includes Nvidia’s option to invest up to $2.7 billion in Corning and warrants for up to 15 million Corning shares (exercise price $180) plus a pre-funded warrant for 3 million shares, continuing a string of optics-focused investments that began with earlier partnerships with Coherent and Lumentum. The move underscores Nvidia’s strategy to own more of the AI hardware supply chain as demand for faster, light-speed AI infrastructure grows.