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Optical Communication Pioneer Corning Lands Major Order from Meta, Sending Stock Price Soaring to New 25-Year Peak; CEO Predicts Data Centers Will Become Top Client
6 day ago /
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Author：小编
On January 27, following the opening bell of the U.S. stock market, shares of Corning Incorporated skyrocketed by more than 10%, hitting a level not seen since 2000. That same day, Corning inked a deal with tech behemoth Meta to supply fiber optic cables for data centers, with the contract's maximum value reaching up to $6 billion. Per the terms of the agreement, Corning is set to provide Meta with cutting-edge fiber optics, cables, and interconnection solutions. Additionally, Corning will expand its North Carolina factory to keep pace with the anticipated demand.
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