Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC.
The manufacturer will supply the social-media company with cabling, optical fiber, and connectivity solutions for data ...
Corning, a 175-year-old glassmaker known for supplying iPhone glass, is now at the center of the AI infrastructure boom with ...
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.
The investment will expand Corning's manufacturing footprint in North Carolina, increasing employment levels in the state by ...
Jan 27 (Reuters) - Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years in a deal to provide fiber-optic cables for its AI data centers, the ...
We’re announcing an up to $6 billion multi-year agreement with Corning to supply fiber optic cables for our data centers, ...
Corning shares surged over 16% after Meta signed a multiyear deal worth up to $6B to supply optical connectivity for US data ...
Corning’s $6B Meta deal to supply optical fiber for data centers could lift GLW’s optical revenue and targets.
Meta Platforms agreed a deal with Corning valued at up to $6 billion to provide fibre-optic cable for its AI data centre ...
Meta has signed a $6 billion deal with Gorilla Glass maker Corning to supply fibre-optic cable for its AI data centres ...