Core Insights - Corning Inc. (NYSE:GLW) has seen a significant stock price increase of 6.87%, closing at $110.35, driven by investor optimism regarding President Trump's $12 billion rare earths stockpile project [1][7]. Group 1: Project Vault - The Project Vault aims to create a stockpile of rare earth minerals essential for various industries, including semiconductors, automotive, gadgets, batteries, electric cars, and military applications [2]. - Companies participating in the project will pay upfront fees and provide a list of preferred materials, agreeing to repurchase the same amount at the same price in the future [2]. Group 2: Company Performance - Corning Inc. reported a 215% increase in attributable net income, reaching $1.596 billion compared to $506 million in the same period last year [4]. - Net sales for Corning jumped by 19% to $15.6 billion from $13.1 billion year-on-year [4]. - The company anticipates a 15% increase in core sales for the first quarter of 2026, projecting sales between $4.2 billion and $4.3 billion [4]. Group 3: Strategic Partnerships - Corning has signed up for the Project Vault alongside major companies such as General Motors, Stellantis, Boeing, GE Vernova, and Google [3]. - Recently, Corning entered a $6 billion deal with Meta Platforms Inc. to supply fiber optic cables for its data centers [3].