Nvidia is investing $500 million in Corning as part of a partnership with the glassmaker to expand manufacturing of fiber optics for AI infrastructure.

Corning is going to have a seat at the artificial intelligence table for many, many years to come. The maker of fiber optic cables drove that point home at its investor day Wednesday, laying out encouraging long-term financial forecasts and announcing a major supply agreement with AI chip king Nvidia to bring more of its glass technology inside data centers.

Corning will scale its output by building three new factories across North Carolina and Texas, the companies announced Wednesday.

CNBC's Kristina Partsinevelos reports on the latest news from Nvidia and Corning.

Corning plans to build three new facilities in Texas and North Carolina to boost its manufacturing capability. Once online, Corning will increase its U.S. production of optical co

Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Corning, the glass and fiber maker, will increase optical manufacturing capacity tenfold and fiber production by more than 50%.

Corning and Nvidia just announced a multiyear deal to expand U.S. manufacturing of the optical connectivity solutions essential to powering Nvidia's next-generation AI infrastructure. Corning is building three new factories entirely devoted to products for Nvidia in North Carolina and Texas.

Nvidia is making another move to advance optical connectivity for AI. Previously announced partnerships allow Nvidia to gain from this phase of AI infrastructure growth. Nvidia will now invest in Corning as it adds optical manufacturing capacity.