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Nvidia shares fall despite Corning deal as CEO reveals undisclosed multi billion prepayment
Business
Published on 8 May 2026
The prepayment wasn’t disclosed at the start
Nvidia’s stock slide is puzzling investors after the AI chip giant announced a major equity investment in Corning. CEO Jensen Huang later said Nvidia made a multi-billion-dollar prepayment that wasn’t disclosed when the Corning investment was first announced. The gap between announcement details and later clarification has fueled uncertainty about costs and timing.
- Nvidia shares are down even after a high profile Corning investment
- CEO Jensen Huang cites a multi-billion-dollar prepayment
- The prepayment wasn’t revealed when the equity deal was announced
- Investors may be reacting to unclear deal costs and timing
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times