Trending Now - Nvidia and Corning Join Forces to Boost US Fiber Optics Manufacturing

WHO:

Fast Company - Nvidia and Corning are the companies involved in the partnership.

Fast Company - Corning CEO Wendell Weeks made a statement regarding the partnership.

WHAT:

Fast Company - Nvidia announced a $500 million deal with Corning to build fiber-optic cables for AI data centers.

Fast Company - Corning will increase its optical connectivity manufacturing tenfold and add more than 3,000 jobs.

Techmeme - Corning's stock (GLW) jumped over 20% in pre-market trading following the announcement.

WHERE:

Fast Company - New factories will be established in Texas and North Carolina as part of the agreement.

Fast Company - Corning is based in New York.

WHEN:

Fast Company - The partnership was announced on a Wednesday.

WHY:

Fast Company - The partnership aims to reduce latency and energy consumption for AI systems and accelerate Nvidia's move to co-packaged optics.

Fast Company - The deal is part of a broader effort by U.S. officials and tech investors to bolster the domestic supply chain for advanced manufacturing.

HOW:

Fast Company - Nvidia has a pre-funded warrant to purchase 3 million shares in Corning and the option to purchase 15 million more as part of the deal.

(UPDATED May 7, 2026 11:38 UTC)

Nvidia has announced a significant $500 million partnership with Corning to develop fiber-optic cables for AI data centers, which will lead to a tenfold increase in Corning's optical connectivity manufacturing and the creation of over 3,000 jobs. New factories will be established in Texas and North Carolina as part of this agreement, and Corning's stock surged over 20% in pre-market trading following the news. The partnership aims to enhance AI systems by reducing latency and energy consumption while supporting a broader initiative to strengthen the domestic supply chain for advanced manufacturing.