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Corning Stock Jumps 14% On NVIDIA AI Infrastructure Partnership

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Shares of Corning Incorporated (GLW) jumped over 14% on Wednesday after announcing a long-term AI infrastructure partnership with NVIDIA Corporation.

The stock is currently trading at $184.27, up $22.17 or 13.68%, on the NYSE. It opened at $189.38 after closing the previous session at $162.10. The stock has traded between $44.33 and $195.81 over the past 52 weeks.

Under the agreement, Corning will expand its U.S. optical connectivity manufacturing capacity by 10x and increase fiber production capacity by more than 50% to support growing AI infrastructure demand.

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