News

AI-fueled earnings from chipmakers and easing tensions in the Middle East helped power fresh U.S. stock records, today, May 6, 2026.

Coherent reported quarterly earnings that were in-line with Wall Street’s expectations, with gross margins increasing slightly. The optical networking company is benefiting from the artificial intelligence data center boom—but shares fell anyway. Coherent posted adjusted earnings of $1.41 a share for the fiscal third-quarter, compared to 91 cents a year ago and Wall Street’s $1.40 a share prediction.

The Nasdaq Composite and the S&P 500 climbed to new peaks and oil prices tumbled on Wednesday follow

Nvidia Jumps on Massive AI Infrastructure Push With $500M Corning Deal

Corning will build three new U.S. factories and 3,000 jobs as Nvidia backs the expansion with $500 million in equity warrants

The optical fiber specialist attracted a significant investment from another major AI player.

Specialty glass maker Corning (GLW) will boost its optical connectivity manufacturing capacity under

Nvidia announced two investments in March that signaled this was coming.

The AI chipmaker is making a big bet on the future of co-packaged optics. Here's what that means.

The collaboration includes a 10x capacity boost.

The semiconductor sector (SOXX) has been ripping higher this year. Yahoo Finance Senior Business Reporter Ines Ferré chats with Yahoo Finance Senior Reporter Brooke DiPalma about the sector's three "bottlenecks," highlighting how Micron (MU) and Sandisk (SNDK) factor in.

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.

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 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 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

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.

Three new optical factories in North Carolina and Texas, 3,000 jobs, and a 10x increase in U.S. manufacturing capacity… not bad for a company most people think just makes iPhone screens

Nvidia is investing $500 million in Corning as part of a partnership with the glassmaker to expand manufacturing of fiber optics for AI infrastructure.

The facilities in North Carolina and Texas will expand Corning's U.S. optical manufacturing capacity 10-fold and create at least 3,000 jobs

Shares in Advanced Micro Devices and Intel surge after AMD CEO Lisa Su flags surging demand for central processing units.

Broadcom stands out among high-ROE stocks as investors seek stability, with strong growth expectations helping it shine in a volatile market backdrop.

↗️Advanced Micro Devices (AMD): Shares of the chipmaker soared premarket after it reported stronger sales and logged higher profit. Shares of its peer Super Micro Computer Inc. (SMCI) also jumped premarket.

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...

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 […]

Here is how Corning (GLW) and Arrow Electronics (ARW) have performed compared to their sector so far this year.

Tech stocks are in focus amid an earnings bonanza, layoffs, and AI spending plans.

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...

Was Corning's pullback this week overdone?