{"id":651981,"date":"2026-05-06T17:30:15","date_gmt":"2026-05-06T17:30:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/651981\/"},"modified":"2026-05-06T17:30:15","modified_gmt":"2026-05-06T17:30:15","slug":"corning-partners-with-nvidia-to-expand-us-fiber-optic-output-for-ai-growth","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/651981\/","title":{"rendered":"Corning partners with Nvidia to expand US fiber optic output for AI growth"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">May 6 (Reuters) &#8211; Corning and <a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\/\" data-ylk=\"slk:Nvidia;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Nvidia&quot;}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a> said on Wednesday they would partner to expand U.S. production \u200cof optical connectivity products used in artificial intelligence \u200cdata centers.<\/p>\n<p class=\"yf-1fy9kyt\">The specialty glass maker also raised its long-term sales targets \u200bon surging demand for AI infrastructure. Its shares rose more than 19% in early trading.<\/p>\n<p class=\"yf-1fy9kyt\">The deal shows how the AI boom is lifting demand beyond chips, benefiting suppliers \u200csuch as Corning \u2060that make the fiber-optic equipment needed to move data between thousands of processors in \u2060large data centers.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 The specialty glass and fiber-optics maker said it would increase U.S.-based optical connectivity manufacturing capacity tenfold \u200band expand \u200bdomestic fiber production capacity \u200bby more than 50%.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 \u200cThe expansion, expected to create more than 3,000 jobs, includes three new advanced manufacturing facilities in North Carolina and Texas.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 For Corning, the partnership strengthens one of its fastest-growing businesses at a time when weaker demand \u200cin non-optical segments, including specialty \u200bglass for consumer electronics, has weighed \u200bon its outlook.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 \u200bSeparately, Corning said it expects to reach \u200ca $20 billion annualized sales run \u200brate by \u200bthe end of this year.<\/p>\n<p class=\"yf-1fy9kyt\">\u2022 The company now aims for a $30 billion annualized run rate by the \u200bend of 2028 \u200cunder its internal plan, and $40 billion by the \u200bend of 2030.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Anhata Rooprai in \u200bBengaluru; Editing by Devika Syamnath)<\/p>\n","protected":false},"excerpt":{"rendered":"May 6 (Reuters) &#8211; Corning and Nvidia said on Wednesday they would partner to expand U.S. production \u200cof&hellip;\n","protected":false},"author":2,"featured_media":651982,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,276,277,49,48,6494,242017,242016,61],"class_list":["post-651981","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-ca","tag-canada","tag-nvidia","tag-specialty-glass","tag-specialty-glass-maker","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/651981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=651981"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/651981\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/651982"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=651981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=651981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=651981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}