Corning stock (GLW) jumps 16% on Meta’s up to $6 billion fiber deal ahead of earnings
Corning shares jumped 15.6% to $109.74 in after-hours trading Tuesday after announcing a multiyear supply deal with Meta Platforms for fiber-optic products serving AI data centers. The agreement includes Meta as anchor customer for expanded cable manufacturing in North Carolina. Meta will pay Corning through 2030, with spending capped at $6 billion. Corning reports Q4 earnings Wednesday morning.
