Nvidia and Corning Expand U.S. Optical Connectivity Capacity 10x, Fiber Output Over 50% on May 6

GateNews

Nvidia and Corning announced on May 6 a multi-year partnership to significantly expand U.S. domestic optical connectivity manufacturing capacity. Corning will increase its U.S. optical connectivity product capacity by 10 times and boost its U.S. fiber optic production by over 50% to support artificial intelligence infrastructure development. The expansion includes building three advanced manufacturing facilities in North Carolina and Texas, creating more than 3,000 high-wage American jobs.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Spot ETFs Record $1.6B Net Inflows Over 4 Consecutive Days

According to SoSoValue, U.S. spot Bitcoin ETFs recorded net inflows of approximately $1.644 billion over the past four days through May 6. BlackRock's iShares Bitcoin Trust (IBIT) led with roughly $890 million in inflows, bringing its Bitcoin holdings to over 818,146 BTC, valued at $65.47 billion. F

GateNews11m ago

Bitcoin Spot ETFs Record $1.6B Inflows Over 4 Days

## Spot Bitcoin ETFs Attract $1.6 Billion in Four Days United States spot Bitcoin (BTC) exchange-traded funds (ETFs) have recorded a net cash inflow of approximately $1.644 billion over four consecutive days through May 5, according to data from SoSoValue. The inflows have increased total Bitcoin h

CryptoFrontier17m ago

Corning and Nvidia Sign $500 Million Equity Financing Agreement

According to Corning, on May 6 the company and Nvidia signed a securities purchase agreement as part of their long-term partnership. Corning issued Nvidia warrants worth $500 million, including traditional warrants to purchase up to 15 million shares of Corning common stock at an exercise price of $

GateNews41m ago

Morgan Stanley's E*Trade Launches Crypto Trading at 50 Basis Points

According to Bloomberg, Morgan Stanley's ETrade platform launched crypto trading services on May 6 with a 50 basis point fee per transaction. The service will be rolled out to ETrade's approximately 8.6 million customers throughout the

GateNews47m ago

Hut 8 Locks in $16.8B AI Data Center Revenue, Releases 3,300 BTC in Q1

According to PRNewswire, Nasdaq-listed Bitcoin mining firm Hut 8 reported Q1 2026 financial results on May 6, disclosing that its two mega-scale AI parks generated $16.8 billion in lease revenue. The company released approximately 3,300 BTC (roughly $260 million) through a Bitcoin-backed loan refina

GateNews1h ago

Stockcoin.ai Completes Seed Funding Round Led by Amber Group

According to official announcement, Stockcoin.ai, an AI-driven platform for stock and crypto futures trading, has completed a seed funding round led by Amber Group, with participation from angel investors in crypto and traditional finance. The platform focuses on bridging on-chain data with equity m

GateNews2h ago
Comment
0/400
No comments