Meta, Corning sign deal worth up to $6 billion for fibre-optic cables in AI data centres
The Hindu
Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years
Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years in a deal to provide fiber-optic cables for its AI data centres, the companies said on Tuesday.
Corning will supply advanced optical fiber, cable and connectivity products to Meta, while expanding its manufacturing capacity in North Carolina, including at its cable factory in Hickory, where Meta will be the anchor customer.
Corning’s optical connectivity products are among key components required to support the massive computing and data transmission demands at data centres.
Their rising demand from Big Tech customers like Meta, Microsoft and Alphabet’s Google drove a more than 84% surge in Corning’s shares in 2025. The stock jumped about 7% in premarket trading.
CNBC, which first reported the news, said Meta will pay Corning through 2030.
Meta has been spending aggressively on building out data centre infrastructure as it races to roll out competitive AI technologies.
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