Nvidia is aggressively expanding its AI infrastructure supply chain with a major $300 million investment in Corning to build three new optical fiber plants in North Carolina and Texas. This partnership aims to increase US fiber production capacity by over 50 percent and create 3,000 new jobs. Nvidia CEO Jensen Huang stated the deal helps build the foundation for AI infrastructure where intelligence moves at the speed of light, replacing thousands of copper cables inside rack-scale systems with high-performance fiber.
Beyond the initial investment, Nvidia purchased $500 million worth of rights tied to Corning stock, signaling a strategic move into physical connectivity materials like specialty glass. The deal structure allows Nvidia to participate in Corning's upside as AI-driven demand grows, with the potential for Nvidia to invest up to $2.7 billion total. Corning shares soared 17 percent on the news, while Nvidia stock gained about 2 percent.
While Nvidia secures its hardware supply chain, other tech giants are making significant moves. The Pentagon awarded Scale AI, which Meta owns 49 percent of, a $500 million contract to analyze data and support military decision-making. This deal represents a fivefold increase from a previous agreement and reflects Defense Secretary Pete Hegseth's push to fast-track AI adoption across the department.
Meanwhile, AMD released new Instinct MI350P PCIe cards that let enterprises run AI on existing infrastructure without expensive redesigns. These cards offer estimated 2,299 teraflops of performance. Conversely, Intel reported that first-quarter revenue would have been meaningfully higher if supply could have kept up with demand, highlighting a widespread components shortage affecting the industry as AI adoption grows rapidly.
Key Takeaways
['Nvidia invested $300 million in Corning to build three new optical fiber plants in North Carolina and Texas.', 'The Nvidia-Corning partnership will create 3,000 new jobs and increase US fiber production capacity by more than 50 percent.', 'Nvidia purchased $500 million worth of rights tied to Corning stock to secure its AI supply chain.', 'Corning shares rose 17 percent following the announcement of the multiyear partnership with Nvidia.', 'The Pentagon awarded Scale AI a $500 million contract, a fivefold increase from its previous deal.', 'Meta owns 49 percent of Scale AI and brought its founder Alexandr Wang into the company last year.', 'AMD released Instinct MI350P PCIe GPUs that allow enterprises to run AI on existing data center infrastructure.', 'Intel reported that first-quarter revenue would have been higher if supply could have matched demand.', 'US jobless claims rose by 10,000 to 220,000 for the week ending May 18.', 'Anthropic is pivoting its Claude chatbot towards personal use to appeal to everyday users.']Nvidia invests 300 million in Corning for US fiber plants
Nvidia has invested 300 million dollars to help Corning build three new optical fiber plants in North Carolina and Texas. This deal will increase Corning's US fiber production capacity by more than 50 percent and create 3,000 new jobs. The new facilities will supply optical fiber for hyperscale data centers that use Nvidia AI hardware. Nvidia CEO Jensen Huang said this partnership helps build the foundation for AI infrastructure where intelligence moves at the speed of light.
Nvidia CEO says AI partnership with Corning will revitalize American manufacturing
Nvidia CEO Jensen Huang announced a partnership with Corning to reinvest in American manufacturing and supply chains. Corning will increase its optical manufacturing capacity in the United States tenfold to meet the growing demand for AI infrastructure. Huang noted that this is a unique opportunity to revitalize American manufacturing after decades of offshoring production to other countries. The partnership focuses on optical technologies needed to connect chips within massive AI data centers as computing demands rapidly increase.
Nvidia buys 500 million in Corning rights for AI supply chain
Nvidia purchased 500 million dollars worth of rights tied to Corning stock in a strategic deal reported by Bloomberg. This move extends Nvidia's supply chain strategy beyond chips into physical connectivity materials like specialty glass and optical fiber. The deal structure allows Nvidia to participate in Corning's upside as AI-driven demand grows while giving Corning an anchor commitment for capacity expansion. This investment signals that AI infrastructure value is spreading further down the component stack than most investors expected.
Nvidia and Corning partner on massive optical fiber deal for AI
Corning is opening three new advanced manufacturing plants in the US dedicated entirely to optical technologies for Nvidia. The deal gives Nvidia the right to invest up to 2.7 billion dollars in Corning and includes a pre-funded warrant to buy up to 3 million shares. Corning shares soared 17 percent on the news while Nvidia stock gained about 2 percent. The partnership aims to replace thousands of copper cables inside Nvidia rack-scale AI systems with high-performance fiber for faster data transfers.
Corning plans 3 new plants and 3000 jobs for NVIDIA AI buildout
Corning will expand its US-based optical connectivity manufacturing capacity by 10 times to meet accelerating demand driven by AI factory buildouts. The expansion includes the construction of three new advanced manufacturing facilities in North Carolina and Texas. This project will create more than 3,000 new high-paying American jobs. The increased capacity will supply the optical connectivity that hyperscale data centers need to deploy NVIDIA-accelerated computing at scale.
Corning and NVIDIA partnership reshapes AI data center fiber needs
Corning and NVIDIA announced a multiyear partnership to build three advanced US plants for next-generation AI data centers. The deal targets replacing thousands of copper cables inside NVIDIA rack-scale AI systems with high-performance fiber. This change addresses one of the biggest bottlenecks in AI infrastructure regarding how fast and efficiently data moves between components. The partnership is expected to be a major driver of growth for both companies in the coming years.
Corning and Nvidia fiber deal powers next generation data centers
Corning and Nvidia have announced a major strategic partnership to supply advanced fiber optic cables for AI data centers. The deal reportedly values in the tens of billions of dollars and positions Corning as a key supplier for Nvidia's expanding AI hardware ecosystem. The collaboration includes building three new manufacturing facilities in North Carolina and Texas to produce specialized fiber products. This partnership highlights how advancements in foundational infrastructure are critical for the continued growth of artificial intelligence.
Pentagon awards 500 million contract to Meta-backed Scale AI
The Pentagon awarded Scale AI a 500 million dollar contract to help analyze data and support military decision-making. This deal marks a fivefold increase from the 100 million dollar contract the company signed in September 2025. Meta owns 49 percent of Scale AI and brought its founder Alexandr Wang into the company last year. The contract is with the Pentagon's Chief Digital and Artificial Intelligence Office and ranks among the larger deals the department has signed with an AI startup.
Meta-backed Scale AI wins 500 million defense department deal
The Pentagon awarded a 500 million dollar contract to Scale AI to support its public sector business. This agreement is a five-fold increase of the 100 million dollar deal the company received in September 2025. Scale AI is working on programs to integrate AI into military planning and operations alongside other major tech companies. The deal reflects Defense Secretary Pete Hegseth's push to fast-track AI adoption across the department.
Mark Cuban gives 5 questions for employees to ask about company
Mark Cuban shared five questions employees should ask about their company when deciding whether to stay or leave. He advised that if a CEO does not understand AI, employees should start looking for another job. Cuban also emphasized the importance of checking if the company is growing and if employees feel intellectually challenged. These questions form a guide for assessing a company's health in the current age of artificial intelligence.
Employees build AI tools that help bosses lay off coworkers
Many employees are worried they are building AI tools that will let their bosses lay off coworkers. This concern has led to the nickname accidental job executioners for these workers. People are increasingly anxious about the impact of artificial intelligence on their own job security. The situation highlights the complex relationship between technology development and workforce management in modern companies.
Grab Holdings AI strategy pays off with revenue growth
Grab Holdings CEO Anthony Tan believes the company's AI-led product strategy is paying off with positive results. The company focused on making its services more affordable after raising prices backfired in 2022. This new approach led to a 15 percent revenue increase in the first quarter of 2023. Grab is a leading provider of ride-hailing and food delivery services in Southeast Asia with operations in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
OXOM Foundation launches Web4 infrastructure and AI hardware
The OXOM Foundation launched two new projects called MEGAFI and MEGACLAW to advance the Web4 paradigm. MEGAFI is a protocol designed to transform real-world actions into verifiable on-chain value streams using behavioral data. MEGACLAW provides AI-powered physical hardware to support this new infrastructure. The projects aim to address the lack of a native interface between physical reality and on-chain intelligence in the current Web3 ecosystem.
Jobless claims rise while Rivian expands and Claude AI pivots
US jobless claims rose by 10,000 to 220,000 for the week ending May 18 according to Labor Department data. This mixed data suggests a cooling labor market that could influence future economic policy. Meanwhile, EV maker Rivian announced significant production expansion plans at its Georgia plant. AI company Anthropic is also pivoting its Claude chatbot towards personal use to appeal to everyday users instead of just enterprise clients.
FDA adopts new AI system to track beauty product complaints
The US Food and Drug Administration adopted a new AI system developed by ThinkTrends to track beauty product complaints. The system uses machine learning algorithms to identify adverse product reactions faster and more efficiently. This new tool will help the FDA better monitor and respond to consumer complaints about beauty products. The system is also expected to help identify patterns and trends in complaints to inform regulatory decisions.
Tech stocks face new AI hurdle from widespread components shortage
A surge in artificial intelligence demand is leading to supply shortages affecting tech companies across the board. Intel reported that first-quarter revenue would have been meaningfully higher if supply could have kept up with demand. This trend is becoming increasingly clear as more earnings reports roll out from major technology firms. The shortage represents a significant challenge for the industry as AI adoption continues to grow rapidly.
Super Micro bets on AI server demand for upbeat forecast
Super Micro Computer forecast fourth-quarter revenue and adjusted profit above Wall Street estimates due to robust demand for its artificial intelligence servers. The company projected fourth-quarter revenue in the range of 11 billion dollars with an adjusted profit of 1.25 per share. This forecast topped analysts' expectations and caused shares to rise 18 percent in after-hours trading. The company's AI server business has been a key growth driver with revenue from the segment more than doubling in the past year.
AMD Instinct MI350P PCIe GPUs run enterprise AI on existing infrastructure
AMD released new Instinct MI350P PCIe cards that allow enterprises to run AI on their existing data center infrastructure. These dual-slot drop-in cards are designed for standard air-cooled servers without requiring expensive redesigns. The cards offer estimated 2,299 teraflops of performance and up to 144GB of high bandwidth memory. They support various precision levels to help enterprises move from evaluation to real outcomes efficiently.
Sources
- Nvidia invests $300 million in Corning to build three new US-based optical fiber plants — AI infrastructure deal would boost fiber production capacity by over 50%
- Nvidia CEO says AI partnership with Corning will 'revitalize American manufacturing'
- Nvidia just bought $500 million of Corning rights and the AI hardware story is going deeper into glass and fiber
- Nvidia, Corning partner on massive optical fiber deal that may be a game changer for AI
- Corning plans 3 new plants, 3,000 jobs in NVIDIA AI buildout
- Should Corning–NVIDIA U.S. Fiber Partnership Reshaping AI Data Centers Require Action From NVIDIA (NVDA) Investors?
- Corning & Nvidia AI Fiber Deal Powers Data Centers
- Pentagon Hands Meta-Backed Scale AI $500 Million Contract, 5 Times Last Year's Deal, Report Says
- Meta-Backed Scale AI Wins $500 Million Defense Department Deal
- Mark Cuban says you should ask 5 questions about your company
- Employees are building AI tools to help their bosses lay off coworkers
- Grab Holdings Ltd (GRAB): Is the AI-Led Product Strategy Paying Off?
- OXOM Foundation Launches Web4 Infrastructure MEGAFI and AI Hardware MEGACLAW
- Jobless Claims Rise, Rivian Expands, Claude AI Pivots
- FDA Adopts New AI System to Track Beauty Product Complaints
- Tech Stocks Face a New AI Hurdle: A Widespread Components Shortage
- Super Micro bets on AI server demand to provide upbeat forecast, shares soar
- AMD Instinct MI350P PCIe GPUs: Run Enterprise AI on Your Existing Infrastructure
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