By John Bromels
Publication Date: 2026-05-17 17:30:00
Since the artificial intelligence (AI) revolution began in late 2022, chipmaker Nvidia (NVDA 4.39%) has seen its shares soar more than 700% as it dominated the market for high-end AI processors.
But AI has boosted more than just chipmaker stocks. It’s even supercharged legacy manufacturers whose businesses once had little or nothing to do with computer components or software. And one such company just scored a major win in the form of a partnership with Nvidia.
Here’s how 175-year-old U.S. manufacturer Corning (GLW 7.91%) went from market loser to AI-powered market crusher and what the massive new Nvidia partnership means for shareholders in both companies.
Image source: Getty Images.
What Corning did
Corning is a glass company, best known for its shatter-resistant Corningware plates and dishes. However, the company sold that business (along with its other kitchenware brands, such as Pyrex) in 1998.
Today, Corning specializes in high-tech glass products, including shatter-resistant Gorilla Glass for smartphones and other touchscreen devices, as well as display glass for LCD TVs. But for almost a decade, its biggest revenue generator has been fiber-optic cable.
And for almost a decade, that business was one of the company’s worst performers.
Today’s Change
(-7.91%) $-16.47
Current Price
$191.81
Key Data Points
Market Cap
$165B
Day’s Range
$191.81 – $200.79
52wk Range
$47.40 – $211.79
Volume
17M
Avg Vol
13M
Gross Margin
35.64%
Dividend Yield
0.58%
More money, more problems
Corning’s stock…