Nvidia CEO confirms AI partnership with Corning will 'revitalize American manufacturing'
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Nvidia CEO Jensen Huang told CNBC's Jim Cramer that the company's new partnership with Corning represents an important opportunity to rebuild critical parts of the technology supply chain in the United States.
Key facts
Corning shares surged more than 12% following the announcement in Wednesday's session, while Nvidia shares popped 6%
Nvidia CEO Jensen Huang told CNBC's Jim Cramer that the company's new partnership with Corning represents an important opportunity to rebuild critical parts of the technology supply chain
We're going through the single largest infrastructure buildout in human history," Huang said " Mad Money " on Wednesday
Huang said the scale of AI infrastructure spending is creating a unique opportunity to reinvest in American manufacturing and supply chains after decades of offshoring
Summary
"We're going through the single largest infrastructure buildout in human history," Huang said " Mad Money " on Wednesday. His comments came one day after Nvidia announced a major partnership with Corning to dramatically expand domestic optical connectivity manufacturing capacity. Corning shares surged more than 12% following the announcement in Wednesday's session, while Nvidia shares popped 6%. Huang said the scale of AI infrastructure spending is creating a unique opportunity to reinvest in American manufacturing and supply chains after decades of offshoring.