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NASDAQ:GLW News 28 January 2026

Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

New York, Jan 28, 2026, 11:42 a.m. ET — Regular session Shares of Corning Incorporated (GLW) dropped 3.2%, hitting $106.18 by late morning on Wednesday. Earlier, the stock had fluctuated between $103.38 and $117.29 during the session. Corning, the Gorilla Glass supplier to Apple, expects first-quarter core sales between $4.2 billion and $4.3 billion, beating analysts’ consensus of $4.23 billion,…

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  • Intel Jumps 11% on Nvidia and Apple Foundry Partnership Reports
    January 28, 2026, 6:04 PM EST. Intel shares soared 11.04% to $48.78 on Jan. 28, 2026, after reports surfaced of potential foundry deals with Nvidia and Apple. The news sparked optimism over Intel's foundry business, which manufactures chips for other companies, despite previous concerns about its 2026 outlook. Trading volume surged 107% above average to 200 million shares. While top-end chip production is likely to remain with Taiwan Semiconductor Manufacturing Company (TSMC), any shift to Intel is seen as positive. Intel's CEO also bought shares, adding investor confidence. Semiconductor peers like Nvidia and AMD saw smaller gains, with Nvidia up 1.59%. Intel's stock has yet to fully recover from a double-digit drop following disappointing Q4 2025 earnings showing a $300 million GAAP loss and supply chain challenges.
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