Nvidia strikes Corning fiber deal as Barclays boosts Prysmian target - 6 May 2026

Prysmian Daily News Update · May 6, 2026 · 3m

As of May 6, today’s news highlights the agreement between Nvidia and Corning and strategic moves in power market dynamics. Barclays has raised its target price for Prysmian, increasing it from 119 euros to 147 euros. Meanwhile, Nvidia bought 500 million dollars worth of rights for shares in the fiber-optic cable maker Corning as part of a broader partnership between the two companies aimed at expanding artificial intelligence infrastructure. Nvidia is getting as many as 3 million shares at 0.0001 dollars each and can buy as many as 15 million shares at an exercise price of 180 dollars in the…