Why NVIDIA (NVDA) Is Pushing Deeper Into AI Data Center Connectivity

NVIDIA Corporation (NASDAQ:NVDA) is one of the best AI enabler stocks to buy now.

On May 6, NVIDIA Corporation (NASDAQ:NVDA) and Corning announced a multiyear commercial and technology partnership to expand U.S.-based manufacturing of optical connectivity products used in next-generation AI infrastructure. Under the agreement, Corning will increase its U.S.-based optical connectivity manufacturing capacity by 10x and expand U.S. fiber production capacity by more than 50%. The plan includes three new advanced manufacturing facilities in North Carolina and Texas, and more than 3,000 new jobs.

The deal strengthens NVIDIA’s position beyond GPUs by addressing one of the less visible bottlenecks in AI data centers: moving large volumes of data between processors quickly and efficiently. Reuters reported on May 7 that NVIDIA also made a multibillion-dollar prepayment to Corning, separate from a previously disclosed equity investment of up to $3.2 billion, to support the factory expansion.

NVIDIA (NVDA): The Best Quality Stock to Buy and Hold for the Next 5 Years

NVIDIA Corporation (NASDAQ:NVDA) develops graphics processors, accelerated computing platforms, AI infrastructure, networking products, software, and related technologies for data centers, gaming, professional visualization, automotive, robotics, and other markets.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. 

Disclosure: None. Follow Insider Monkey on Google News.