NVIDIA Invests $3.2B in Corning: 3 New AI Optical Factories, 3,000 Jobs, 10x US Manufacturing Capacity
CNBC·high signal
NVIDIA and Corning announced a multiyear partnership to build three new advanced manufacturing facilities in North Carolina and Texas, creating 3,000+ jobs and increasing US-based optical connectivity manufacturing capacity by 10x. The deal centers on replacing copper with Corning's optical fibers in AI data center rack-scale systems. Corning shares surged 12% and NVIDIA 6% on the announcement.