Nvidia Corp. has entered into a $500 million agreement to purchase rights for shares in Corning Inc., a leading fiber-optic cable manufacturer. This deal is part of a strategic partnership between the two companies, focused on enhancing and expanding artificial intelligence infrastructure. The collaboration aims to leverage Corning's advanced fiber-optic technology to support Nvidia's AI initiatives.
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Nvidia Acquires $500 Million Stake in Corning to Enhance AI Infrastructure
Bloomberg Technology· Lynn Doan· Thursday, May 7, 2026
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