Corning and Meta Announce Multiyear, up to $6 Billion Agreement to Accelerate US Data Center Buildout
Corning Incorporated (GLW)
Last corning incorporated earnings: 4/28 07:15 am
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US:NYSE Investor Relations:
corning.com/worldwide/en/about-us/investor-relations.html
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Source: Business Wire
CORNING, N.Y.--(BUSINESS WIRE)--Corning Incorporated (NYSE: GLW) and Meta Platforms, Inc. (Nasdaq: META) today announced a multiyear, up to $6 billion agreement to accelerate the buildout of the most advanced data centers in the United States to support Meta’s apps, technologies, and AI ambitions. Under the agreement, Corning will supply Meta with its newest innovations in optical fiber, cable, and connectivity solutions. To support this, Corning will expand manufacturing capabilities across its operations in North Carolina — including a significant capacity expansion at its optical cable manufacturing facility in Hickory where Meta will serve as the anchor customer.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260126071751/en/Employee processing fiber at a Corning optical fiber manufacturing facility.“This long-term partnership with Meta reflects Corning’s commitment to develop, innovate, and manufacture the critical
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News
- Jim Cramer Discusses Major Potential Catalyst For Corning (GLW) [Yahoo! Finance]Yahoo! Finance
- Corning (NYSE:GLW) had its "buy" rating reaffirmed by analysts at UBS Group AG.MarketBeat
- Corning (NYSE:GLW) was given a new $103.00 price target on by analysts at Morgan Stanley.MarketBeat
- Corning (NYSE:GLW) had its price target raised by analysts at Citigroup Inc. from $102.00 to $120.00. They now have a "buy" rating on the stock.MarketBeat
- Corning (NYSE:GLW) was given a new $120.00 price target on by analysts at Oppenheimer Holdings, Inc..MarketBeat
GLW
Earnings
- 1/28/26 - Beat
GLW
Sec Filings
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- 2/6/26 - Form 4
- GLW's page on the SEC website