NYSE:GLWElectronic
Why Corning (GLW) Is Up 19.1% After Meta’s US$6 Billion AI Fiber Deal And Earnings Beat
Corning reported its fourth-quarter and full-year 2025 results, with sales rising to US$4,215 million and US$15.63 billion respectively, and net income increasing to US$540 million for the quarter and US$1.60 billion for the year.
In a separate announcement, Meta Platforms disclosed a multiyear, up to US$6 billion agreement for Corning to supply advanced optical solutions and expand manufacturing capacity in North Carolina to support AI-focused data centers.
Against this backdrop, we’ll...