Corning stock jumped while Meta stock was slightly lower after the companies announced a $6 billion fiber-optic deal.
The growing demand for fibre-optic infrastructure is being met by Corning, one of the survivors of the dot.com bubble burst.
Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC. Famous for making iPhone glass for Apple, the 175-year-old U.S. company is now ...
Corning typically flies under the radar, but its products are critical to the artificial intelligence (AI) revolution.
Jan 27 (Reuters) - Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years in a deal to provide fiber-optic cables for its AI data centers, the ...
Corning gains 15% after $6B Meta deal for optical fiber and cable solutions supporting AI data centers with North Carolina manufacturing expansion.
GLW is a materials company focused on glass for computers, industrial applications, and fiber optic cables for AI data ...
Corning stock (GLW) soared 16% on January 27, 2026, closing at $110 and achieving a new 52-week high. What triggered this? A ...
Agreement reserves 10% of Corning’s global fiber capacity for each of the next two years to interconnect AI-enabled data centers CORNING, N.Y. & DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN ...
Corning Incorporated GLW is increasingly focusing on higher fiber optic cable production as a surge in demand for broadband connectivity has led to a wide proliferation of fiber infrastructure across ...
Meta is investing up to $6 billion in Corning for advanced fiber-optic cables to power its AI data centers through 2030. This significant deal will boost Corning's manufacturing in North Carolina, ...
Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years in a deal to provide fiber-optic cables for its AI data centers, the companies said on ...