Why Corning (GLW) Is Up 6.1% After Amazon’s Multiyear US Data Center Fiber Deal And What's Next - Yahoo Finance
What's documented Amazon-Corning multiyear, multibillion-dollar fiber deal includes ~1,000 manufacturing jobs at North Carolina facilities.
Corning shares rose 6.1% after Amazon announced a multiyear, multibillion-dollar agreement for Corning to supply optical fiber, cable, and connectivity for its expanding US AI data center infrastructure. The deal includes about 1,000 new manufacturing jobs at Corning's North Carolina facilities and an expanded fiber technician training program. It follows similar Corning partnerships with Nvidia and Meta.
- Amazon-Corning multiyear, multibillion-dollar fiber deal
- About 1,000 new manufacturing jobs at Corning's North Carolina facilities
- Expanded fiber optic technician training program
- GLW shares up 6.1%
- Builds on Corning's earlier Nvidia and Meta agreements