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Nvidia inks new $500M AI infrastructure deal with Corning
Yahoo Finance Video92d agoneutralVIDEO
Nvidia inks new $500M AI infrastructure deal with Corning

Nvidia (NVDA) announced a new partnership with glass manufacturer Corning (GLW) that will create three new fiber optics plants on top of Nvidia purchasing $500 million worth of rights for Corning stock. Morning Brief Host Julie Hyman and Yahoo Finance Head of News Myles Udland report on this news. Corning shares are soaring in Wednesday's pre-market on these headlines.

Nvidia Deal Will Help Corning Increase Optical Capacity Tenfold. Its Stock Gets a Boost, Too.
Barrons.com92d agoneutral
Nvidia Deal Will Help Corning Increase Optical Capacity Tenfold. Its Stock Gets a Boost, Too.

Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Corning, the glass and fiber maker, will increase optical manufacturing capacity tenfold and fiber production by more than 50%. The company will build three new advanced manufacturing facilities in North Carolina and Texas, creating an estimated 3,000 jobs.

Corning partners with Nvidia to expand US fiber optic output for AI growth
Reuters92d agoneutral
Corning partners with Nvidia to expand US fiber optic output for AI growth

Corning and Nvidia said on Wednesday they would partner to expand U.S. production ‌of optical connectivity products used in artificial intelligence ‌data centers. The specialty glass maker also raised its long-term sales targets ​on surging demand for AI infrastructure. The deal shows how the AI boom is lifting demand beyond chips, benefiting suppliers ‌such as Corning ⁠that make the fiber-optic equipment needed to move data between thousands of processors in ⁠large data centers.

Tech Stocks Rocket Higher on Chip Strength, Easing Oil and Iran Deal Hopes
24/7 Wall St.92d agoneutral
Tech Stocks Rocket Higher on Chip Strength, Easing Oil and Iran Deal Hopes

Tech futures are pointing to a strong open, with the Nasdaq Composite (^IXIC) leading the charge with a 1% increase on the heels of yesterday’s record-setting performance. Gains arrive on the back of blowout chip earnings and a sharp retreat in crude prices tied to signs of diplomatic progress between Washington and Tehran. AMD (Nasdaq: ... Tech Stocks Rocket Higher on Chip Strength, Easing Oil and Iran Deal Hopes

Glass Manufacturer Corning Gets a Boost From Nvidia
The Wall Street Journal92d agoneutral
Glass Manufacturer Corning Gets a Boost From Nvidia

Shares in Corning are trading nearly 20% higher premarket after Nvidia said it would invest $500 million in the glassmaker. The injection is part of a partnership to expand manufacturing of fiber optics, which are used in AI data centers to transfer data quickly and at scale. Demand for fiber optics has supercharged Corning stock in recent months.

S&P 500 Extends Record Run as Semis Soar, Oil Falls and Strait Traffic Flows
24/7 Wall St.92d agobearish
S&P 500 Extends Record Run as Semis Soar, Oil Falls and Strait Traffic Flows

The S&P 500 (^GSPC) is set to extend a record run as crude tumbles and traders welcome signs the Iran conflict could be winding down. Stocks are soaring because the Strait of Hormuz appears clear and a chip-led rally is rolling into a second day. The PHLX Semiconductor Index (^SOX) has ballooned by 9.4% over the ... S&P 500 Extends Record Run as Semis Soar, Oil Falls and Strait Traffic Flows

Corning Stock Spikes on Fiber Partnership With Nvidia
Barrons.com92d agobullish
Corning Stock Spikes on Fiber Partnership With Nvidia

FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.

Did Corning’s (GLW) Meta AI Deal and Springboard Update Just Shift Its Investment Narrative?
Simply Wall St.93d agoneutral
Did Corning’s (GLW) Meta AI Deal and Springboard Update Just Shift Its Investment Narrative?

Corning Incorporated recently reported first-quarter 2026 results showing sales of US$4,144 million and net income of US$371 million, affirmed its US$0.28 quarterly dividend, issued second-quarter guidance, and filed an omnibus shelf registration covering multiple securities. A key highlight was Corning’s expanding role in AI data center infrastructure, including a multi‑year US$6 billion Meta Platforms agreement and an updated Springboard plan targeting large incremental sales by...

Jim Cramer Discusses Potential Stock Movement for Corning
Insider Monkey94d agoneutral
Jim Cramer Discusses Potential Stock Movement for Corning

Corning Incorporated (NYSE:GLW) was among the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. Cramer expects to hear more about the company’s “multi-billion dollar contracts,” as he said: We’ve got an important analyst meeting on Wednesday. It’s Corning, the glass and fiber company. They could talk more about the […]

Is Corning Incorporated (GLW) A Good Stock To Buy Now?
Insider Monkey95d agobullish
Is Corning Incorporated (GLW) A Good Stock To Buy Now?

Is GLW a good stock to buy? We came across a bullish thesis on Corning Incorporated on The Analyst’s Journal’s Substack by RA_Capital. In this article, we will summarize the bulls’ thesis on GLW. Corning Incorporated’s share was trading at $168.76 as of April 22nd. GLW’s trailing and forward P/E were 92.22 and 54.35 respectively according to […]

Corning Meta Fiber Expansion Deepens Ties To AI Data Center Growth
Simply Wall St.95d agoneutral
Corning Meta Fiber Expansion Deepens Ties To AI Data Center Growth

Corning (NYSE:GLW) and Meta have started a $6b expansion of Corning's optical cable plant in North Carolina. The project is intended to support AI data center growth and strengthen US based fiber supply. The expansion represents a multi year commitment between Corning and a large technology partner focused on AI infrastructure. Corning, trading at $158.26, has seen very strong share price performance, with the stock up 74.5% year to date and 251.1% over the past year. The new expansion with...