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Technology 7 June 2026 - 9 June 2026

Wall Street’s Chip Rebound Lifts Nasdaq — Inflation Test Comes Next

Wall Street’s Chip Rebound Lifts Nasdaq — Inflation Test Comes Next

Wall Street advanced in Monday morning trading, led by a rebound in chip and other technology shares, as investors moved back into the artificial intelligence trade after Friday’s sharp break in momentum. The Nasdaq Composite was up 1.43%, the S&P 500 rose 0.87% to 7,448.31 and the Dow Jones Industrial Average gained 0.22%, Reuters market data from LSEG showed.
Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

Amazon said Monday it struck a multiyear, multibillion-dollar deal with Corning to provide optical fiber, cable, and connectivity gear for its U.S. data centers. The agreement gives Corning a new customer as the AI push changes the business. Corning said it will mean 1,000 skilled jobs at its North Carolina plants, support for hundreds more in construction, and increased fiber-optic training. AWS CEO Matt Garman said the deal will help build “long-term careers.”
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