Corning(US:GLW) Ge Long Hui·2026-01-28 09:40Core Viewpoint - Corning (GLW.US) has seen a significant stock price increase, with a 15.58% rise yesterday and a further 5.32% pre-market increase today, driven by a $6 billion commitment from Meta for fiber optic cable procurement for its AI data centers [1] Group 1: Company Developments - Corning's CEO, Wendell Weeks, announced that Meta will pay up to $6 billion by 2030 for fiber optic cables [1] - To meet the growing demand from major tech companies like Meta, NVIDIA, OpenAI, Google, Amazon, and Microsoft, Corning is expanding its fiber optic cable manufacturing facility [1] - Upon completion of the expansion, Corning's facility is expected to become the largest fiber optic cable factory in the world [1] Group 2: Market Impact - Analysts from Morgan Stanley believe that the $6 billion fiber supply agreement with Meta will significantly boost Corning's optical communications business [1] - The stock performance reflects strong investor confidence, with a closing price of $109.74 and a pre-market price of $115.58 [1] - Corning's total market capitalization stands at approximately $94.09 billion, indicating robust market positioning [1]