- Corning (GLW) is trading 5.5% up at $159.25 today following the announcement of multiyear partnerships with NVIDIA and Meta Platforms, Inc. for advanced AI infrastructure.
- The company declared a significant multiyear commercial and technology partnership with NVIDIA to expand U.S.-based manufacturing of optical connectivity solutions for next-gen AI.
- Additionally, Corning announced a multiyear agreement with Meta, valued at up to $6 billion, to accelerate the buildout of advanced data centers supporting Meta's AI ambitions.
- This news reinforces the company's position in the AI infrastructure theme and extends a powerful multi-month rally.