Corning, a 175-year-old glassmaker known for supplying iPhone glass, is now at the center of the AI infrastructure boom with ...
The investment will expand Corning's manufacturing footprint in North Carolina, increasing employment levels in the state by ...
Meta has struck a multiyear deal worth up to $6 billion to buy fiber-optic cable from Corning, a move aimed at advancing the expansion of its U.S. data-center network for artificial-intelligence ...
Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC.
9hon MSN
Why Corning Stock Soared Today
The artificial intelligence (AI) boom is going to require a whole lot of fiber.
Shares of Corning ( GLW) jumped more than 6% premarket after CNBC reported that Meta ( META) will pay the company up to $6B through 2030 to supply fiber-optic cable for its AI data centers.
Corning Incorporated (NYSE: GLW) and Meta Platforms, Inc. (Nasdaq: META) today announced a multiyear, up to $6 billion agreement to accelerate the buildout of the most advanced data centers in the ...
This partnership is set to be worth up to $6 billion by 2030, showcasing the increasing demand for advanced infrastructure in the AI sector. As Meta races to build massive data centers to accommodate ...
The substantial investment is aimed at supporting Meta’s rapidly expanding AI data center infrastructure. Corning CEO Wendell ...
Meta has signed a $6 billion deal with Gorilla Glass maker Corning to supply fibre-optic cable for its AI data centres ...
Facebook parent Meta Platforms has signed a deal to pay Gorilla Glass maker Corning up to $6 billion for fiber-optic ...
On this episode of Fortune’s Leadership Next podcast, cohosts Diane Brady, executive editorial director of the Fortune CEO Initiative and Fortune Live Media, and editorial director Kristin Stoller ...
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