NVIDIA has secured a $500 million equity-linked investment in fiber-optic leader Corning by acquiring warrants for 15 million shares at a $180 strike price, along with a pre-funded warrant for an additional 3 million shares. This arrangement coincides with Corning’s plan to expand its US optical connectivity capacity tenfold, including the construction of three new manufacturing plants. Following the announcement, Corning’s share price rose approximately 14%.
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