Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
P2P Loan
Grow your wealth in fiat investment
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Stocks
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
2026 World Cup
Rewards

Nvidia Invests $500M in Corning for US Fiber-Optic Expansion

GateNews
StocksAI Industry News

According to Bloomberg, Nvidia bought $500 million in Corning share rights earlier in 2026 to expand US fiber-optic supply for AI data centers. The investment includes rights to 3 million shares and options to purchase up to 15 million additional shares at $180 per share.

Corning plans to raise US fiber production capacity by more than 50% and build three advanced manufacturing facilities in North Carolina and Texas, creating over 3,000 jobs. Corning shares rose 21% to a record $195.81, while Nvidia shares gained 2%.

View Source
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

05-06 19:01
SanDisk Shares Surge 3,314% in Past Year to $1,096 as Q3 Revenue Hits $5.95B
05-06 14:30
Nvidia Hits $5.05T Market Cap as U.S. Stocks Rise; Nasdaq China Golden Dragon Index Up 3.46% on Wednesday
05-06 13:47
Hut 8 Shares Soar 34% on $9.8 Billion AI Data Center Lease Deal
05-06 12:01
Corning and Nvidia Sign $500 Million Equity Financing Agreement
05-06 11:41
Nvidia and Corning Expand U.S. Optical Connectivity Capacity 10x, Fiber Output Over 50% on May 6
In-Depth Analysis

Hut 8 Shares Jump 30% on $9.8B AI Data Center Lease

Crypto Frontier05-06 20:39

Just announced a partnership with NVIDIA, optical giant Corning targets the optical communication CPO theme, and its stock price surged more than 13.68% during the trading session

ChainNewsAbmedia05-06 14:54

Debunking the AI bubble! BlackRock CEO: A shortage of compute power will give rise to a “compute futures market”

ChainNewsAbmedia05-06 03:24
Comment
0/400
No comments