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Nvidia, the chipmaker at the center of the artificial intelligence boom, is partnering with glassmaker Corning
for three new advanced manufacturing facilities in North Carolina and Texas dedicated entirely to optical technologies for the world’s most valuable semiconductor company.
The factories will lead to the creation of at least 3,000 jobs and increase Corning’s U.S. optical manufacturing capacity by 10-fold, the companies said in a joint press release on Wednesday.
Financial terms weren’t disclosed. Corning shares soared 17% on the news. Nvidia stock gained about 2%.
