Agent Trial
Trading Prediction Markets AI Agent Context Fastest News API Agent Trial Log In Sign Up
News Wire / economy

Nvidia Invests $500 Million In Chip Factories

Bloomberg Radio Santa Clara 37d36d Impact 10

Nvidia has purchased $500 million worth of rights for shares in fiber optic cable manufacturer Corning. The transaction is part of a broader partnership between the two companies to expand AI infrastructure. Following the news, Corning shares rose by 10.9% and Nvidia shares increased by 4.4%. AMD shares also rose 16.7% following its earnings report. AMD and Super Micro Computer reported better-than-expected earnings and outlooks for the past and current quarters, with AMD rising nearly 1.9% and Super Micro closing at approximately 2.5%. AMD and AMD's performance exceeded expectations in the last quarter and outlook for the current quarter. AMD and Nvidia reported first-quarter financial results that surpassed expectations. AMD's stock rose nearly 1.9%, while Nvidia's stock closed at $207.3, up approximately 2.5%.

Nvidia has purchased $500 million worth of rights for shares in fiber optic cable manufacturer Corning. The transaction is part of a broader partnership between the two companies to expand AI infrastructure. Following the news, Corning shares rose by 10.9% and Nvidia shares increased by 4.4%. AMD shares also rose 16.7% following its earnings report. AMD and Super Micro Computer reported better-than-expected earnings and outlooks for the past and current quarters, with AMD rising nearly 1.9% and Super Micro closing at approximately 2.5%. AMD and AMD's performance exceeded expectations in the last quarter and outlook for the current quarter. AMD and Nvidia reported first-quarter financial results that surpassed expectations. AMD's stock rose nearly 1.9%, while Nvidia's stock closed at $207.3, up approximately 2.5%. Both companies are expanding production of optical connectivity products for AI data centers in the United States through a partnership with Corning.

Topics

Nvidia Corning AI infrastructure stock market

Developing

  1. 893d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 893d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 893d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 893d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

Bloomberg Radio

“Nvidia has bought $500 million worth of rights for shares in the fiber optic cable maker Corning, all part of a broader partnership between the two companies aimed at expanding AI infrastructure.”

CNR Economic Voice

“英伟达购买了价值5亿美元的康宁股票。”

Bloomberg Radio

“Nvidia has bought $500 million worth of rights for shares in the fiber optic cable maker Corning, all part of a broader partnership between the two companies.”

RTHK Radio 1 Cantonese

“AMD和超微电脑,上季业绩和今季剪影都好于预期,分别是快升近1.9和大约2.5收市。康宁和Nvidia合作,扩大在美国生产用于AI数字中心的光连接产品。康宁是涨了1.2,Nvidia就反弹200美元关口,收市是报207.3。”

RTHK Radio 1 Cantonese

“康宁和Nvidia合作,扩大在美国生产用于AI数字中心的光连接产品。康宁是涨了1.2,Nvidia就反弹200美元关口,收市是报207.3。”

RTHK Radio 1 Cantonese

“AMD和超微电脑,上季业绩和今季剪影都好于预期,分别是快升近1.9和大约2.5收市。康宁和Nvidia合作,扩大在美国生产用于AI数字中心的光连接产品。”

RTHK Radio 1 Cantonese

“AMD和超微電腦,上季業績和今季剪影都好於預期,分別是快升近1.9和大約2.5收市。”

RTHK Radio 1 Cantonese

“AMD和超微电脑,上季业绩和今季剪影都好于预期,分别是快升近1.9和大约2.5收市。”

RTHK Radio 1 Cantonese

“AMD and Nvidia's Q1 performance and outlook for this quarter both exceeded expectations. AMD rose nearly 1.9% and Nvidia closed at $207.3, up approximately 2.5%.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade