Corning Powers AI Growth With Fiber Deal

Corning Inc. is surging after securing a recently announced $6 billion deal with Meta Platforms to supply fiber-optic cable for rapidly expanding AI data centers and is negotiating similar agreements with other major tech firms. The company redesigned data-center-specific thinner, tougher fibers after a 2018 tour and is developing co-packaged optics for in-server connectivity, leveraging vertical integration and retained workforce.