Why Corning Stock Soared Today
Key Points
Corning is helping Meta Platforms build data centers in the U.S.
The material sciences leader is expanding its manufacturing network to meet soaring demand.
- 10 stocks we like better than Corning ›
Shares of Corning (NYSE: GLW) jumped on Tuesday after the glass maker struck a blockbuster $6 billion deal with Meta Platforms (NASDAQ: META).
By the close of trading, Corning's stock price was up more than 15%.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
Image source: Getty Images.
Accelerating the AI revolution
Under the terms of the deal, Corning will supply Meta with its most advanced optical fiber, cable, and connectivity products. The two companies will work together to build AI data centers faster, as Meta races to keep pace with its rivals.
To satisfy the booming, AI-driven demand for its products, Corning plans to expand its manufacturing operations in North Carolina. Meta will serve as the anchor client for a major capacity buildout at Corning's optical cable facility in Hickory. Once construction is complete, the plant will be the largest of its kind, according to Corning CEO Wendell Weeks.
"Building the most advanced data centers in the U.S. requires world-class partners and American manufacturing," Meta executive Joel Kaplan said in a press release. "We're proud to partner with Corning -- a company with deep expertise in optical connectivity and commitment to domestic manufacturing -- for the high-performance fiber optic cables our AI infrastructure needs."
Business is booming
The 175-year-old materials science leader is enjoying soaring sales of its AI-focused solutions. Corning's optical communications enterprise revenue leaped 58% year over year in the third quarter, fueled by companies' strong interest in its new generative AI products.
Should you buy stock in Corning right now?
Before you buy stock in Corning, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Corning wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $462,174!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,143,099!*
Now, it’s worth noting Stock Advisor’s total average return is 946% — a market-crushing outperformance compared to 196% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
See the 10 stocks »
*Stock Advisor returns as of January 27, 2026.
Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Corning and Meta Platforms. The Motley Fool has a disclosure policy.
Recommended Articles
