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This Specialty Glassmaker's Stock Is Soaring on an AI Data Center Deal With Meta
Investopedia· 2026-01-27 18:35
Key Takeaways Corning shares surged Tuesday after the glass and fiber optic cable maker announced a $6 billion deal with Meta to supply its data centers.The company is a supplier to several tech heavyweights including Nvidia and Apple, and has been a big beneficiary of the AI boom. A deal with Meta Platforms (META) is the latest piece of good news boosting Corning (GLW) stock. Corning and Meta announced $6 billion deal for Corning to supply the Facebook and Instagram parent with fiber optic technology ...