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Can Corning's Multi-Year AI-Focused Deal With Meta Boost Its Shares?
ZACKS· 2026-01-30 17:45
Key Takeaways Corning signs deal with Meta to provide optical fiber and connectivity for AI data centers.Investment includes major expansion at the Hickory, NC, plant and workforce growth.Partnerships with Ensurge and GlobalFoundries boost tech innovation and U.S. manufacturing.Corning Incorporated (GLW) has signed a long-term deal worth up to $6 billion with Meta Platforms (META) to support U.S. data center expansion, creating high-quality jobs, boosting local economies, and reinforcing the U.S. position i ...