Investing.com -- Corning (NYSE: GLW) shares jumped 14% Wednesday following the announcement of a multiyear partnership with NVIDIA (NASDAQ: NVDA) to expand U.S. manufacturing of optical connectivity solutions for AI infrastructure.

Under the agreement, Corning will increase its U.S.-based optical connectivity manufacturing capacity by 10x and expand its fiber production capacity by more than 50%. The expansion will include construction of three new manufacturing facilities in North Carolina and Texas, creating more than 3,000 jobs.

The expanded capacity will supply optical connectivity for hyperscale data centers deploying NVIDIA-accelerated computing. Modern AI workloads require thousands of NVIDIA GPUs, driving demand for high-performance optical fiber and connectivity to move data at scale.

Corning will supply the optical connectivity infrastructure needed as AI data centers grow larger and more numerous. The company is the inventor of low-loss optical fiber and specializes in glass science and optical physics.

"AI is driving the largest infrastructure buildout of our time – and a once-in-a-generation opportunity to reinvigorate American manufacturing and supply chains," NVIDIA founder and CEO Jensen Huang commented. "Together with Corning, we are inventing the future of computing with advanced optical technologies – building the foundation for AI infrastructure where intelligence moves at the speed of light while advancing the proud tradition of Made in America."

Corning Chairman, CEO, and President Wendell P. Weeks noted that the partnership demonstrates AI is not just a technology story but a manufacturing story happening in the United States. The company will ensure critical technologies powering AI are invented, engineered, and built in America, he added.

Corning issued warrants to NVIDIA for $500 million as part of the long-term partnership agreement.