Corning to Build Three New Manufacturing Plants After $500 Million NVIDIA Investment
The company said the deal would boost its fiber manufacturing capacity by more than 50 percent.
WASHINGTON, May 6, 2026 – Corning is set to build three new manufacturing facilities as part of a new deal with NVIDIA, boosting the glass company’s domestic fiber production capacity by more than 50 percent.
A Corning filing with the Securities and Exchange Commission said NVIDIA invested $500 million in the company and secured the rights to buy another $2.7 billion on Corning stock in the future.
The new Corning plants will be in North Carolina and Texas. The company said they should boost its total optical manufacturing by 10 times and employ more than 3,000 people. A Corning spokesperson did not immediately respond to an inquiry about when those plants would be completed.
