By Howard Smith
Publication Date: 2026-05-06 16:27:00
Nvidia (NVDA +4.50%) stock has been treading water over the last six months. Until today, that is. As of 12:23 p.m. ET, shares have jumped 4.4% today, providing nearly the entire gain the stock has realized over the past half year.
Today’s move came after news that the artificial intelligence (AI) leader is partnering with glass and optical company Corning to build three new cutting-edge manufacturing plants located in North Carolina and Texas. The news is another example of Nvidia spearheading all aspects of AI infrastructure build-out, and astute Nvidia investors may have seen it coming, too.
Image source: The Motley Fool.
Optical connectivity investments
Nvidia recently announced two new partnerships that signaled optical connectivity was the next growth area of AI infrastructure. In early March, Nvidia announced strategic partnerships with both Coherent and Lumentum to advance optics technologies by increasing manufacturing capacity and research and development (R&D). Nvidia said the $2 billion investments in each company would support the next wave of AI infrastructure.
Today’s Change
(4.50%) $8.85
Current Price
$205.35
Key Data Points
Market Cap
$4.8T
Day’s Range
$198.32 – $207.18
52wk Range
$112.28 – $216.82
Volume
4.7M
Avg Vol
172M
Gross Margin
71.07%
Dividend Yield
0.02%
Today’s new partnership with Corning will help speed up innovation in advanced optics technologies, including R&D, to facilitate next-generation AI infrastructure and system designs. The investment in Corning…
