Nvidia funds Corning plant construction alongside strategic equity investment
GLW•Nvidia will finance construction of multiple new Corning glass manufacturing plants alongside making a strategic equity investment to expand specialty glass substrate capacity for AI and data center hardware. Jensen Huang and Wendell Weeks said the collaboration aims to revitalize US manufacturing by scaling Corning’s production network.
1. Nvidia Funding and Equity Stake
Nvidia has agreed to finance the construction of new Corning manufacturing plants while also making an equity investment in the specialty glass maker. The dual commitment enhances Nvidia’s supply chain security for advanced glass substrates used in its GPU and AI hardware.
2. Expansion of Glass Manufacturing
The funding will support the build-out of Corning’s next-generation glass fabrication facilities, aiming to boost output capacity to meet growing demand from data centers and AI applications. Corning will leverage the capital to accelerate plant construction timelines and integrate advanced production technologies.
3. Revitalizing American Manufacturing
Nvidia CEO Jensen Huang and Corning CEO Wendell Weeks highlighted that the partnership is designed to revitalize US manufacturing by scaling domestic glass production. Executives believe the deal will strengthen Corning’s long-term growth prospects and fortify its competitive position in specialty materials.
