VERIFIEDBy Xavier Rivera· ·2 min read
Nvidia CEO: Corning AI Partnership to Revitalize US Manufacturing
Nvidia CEO Jensen Huang says the Corning partnership will revitalize American manufacturing amid the largest AI infrastructure buildout in history. The deal boosts U.S. optical manufacturing capacity tenfold with three new facilities creating over 3,000 jobs.
Source:CNBC Tech
TL;DRAI · 60 sec read
Nvidia CEO Jensen Huang told CNBC’s Jim Cramer that the company’s new partnership with Corning represents a key opportunity to rebuild critical parts of the technology supply chain in the United States.
"We're going through the single largest infrastructure buildout in human history," Huang said on "Mad Money" Wednesday. "Artificial intelligence is going to become fundamental infrastructure all over the world, and surely here in the United States."
As part of the deal, Corning will increase U.S. optical manufacturing capacity tenfold. The company is building three new facilities in Texas and North Carolina that will create more than 3,000 jobs. Huang’s comments came one day after Nvidia announced the partnership.
Huang said the scale of AI infrastructure spending creates a rare chance to reinvest in American manufacturing and supply chains after decades of offshoring. The technology supply chain has strong roots in Taiwan, China, and Vietnam.
"This is such an extraordinary opportunity because we can use these market dynamics to reinvest, revitalize American manufacturing for the first time in several generations," he said. The partnership focuses on optical technologies that connect chips in massive AI data centers, where copper wires can no longer keep pace with rising demands.
"We're going to scale up optical at a scale that, quite frankly, no optical companies have ever enjoyed," Huang said. He added that the AI investment wave is already creating demand for electricians, construction workers, chip manufacturing employees, and data center specialists, with shortages driving high need for skilled craft experts.
Nvidia’s partnership with Corning aims to ensure the U.S. has the infrastructure and supply chain to support the next phase of AI development. "We need the support and partnership of the world's best companies in our supply chain to help us create and realize this future," he said. "Silicon photonics and optical technology is a very big part of that."
Following the announcement, Corning shares surged more than 12 percent while Nvidia shares rose 6 percent.
"We're going through the single largest infrastructure buildout in human history," Huang said on "Mad Money" Wednesday. "Artificial intelligence is going to become fundamental infrastructure all over the world, and surely here in the United States."
As part of the deal, Corning will increase U.S. optical manufacturing capacity tenfold. The company is building three new facilities in Texas and North Carolina that will create more than 3,000 jobs. Huang’s comments came one day after Nvidia announced the partnership.
Huang said the scale of AI infrastructure spending creates a rare chance to reinvest in American manufacturing and supply chains after decades of offshoring. The technology supply chain has strong roots in Taiwan, China, and Vietnam.
"This is such an extraordinary opportunity because we can use these market dynamics to reinvest, revitalize American manufacturing for the first time in several generations," he said. The partnership focuses on optical technologies that connect chips in massive AI data centers, where copper wires can no longer keep pace with rising demands.
"We're going to scale up optical at a scale that, quite frankly, no optical companies have ever enjoyed," Huang said. He added that the AI investment wave is already creating demand for electricians, construction workers, chip manufacturing employees, and data center specialists, with shortages driving high need for skilled craft experts.
Nvidia’s partnership with Corning aims to ensure the U.S. has the infrastructure and supply chain to support the next phase of AI development. "We need the support and partnership of the world's best companies in our supply chain to help us create and realize this future," he said. "Silicon photonics and optical technology is a very big part of that."
Following the announcement, Corning shares surged more than 12 percent while Nvidia shares rose 6 percent.
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