Corning (GLW), Meta (META) Break Ground on $6B Optical Cable Facility Expansion

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Maham Fatima

Wed, April 29, 2026 astatine 11:23 AM CDT 2 min read

Corning Incorporated (NYSE:GLW) is 1 of the champion performing S&P 500 stocks truthful acold successful 2026. On March 31, Corning and Meta (NASDAQ:META) officially broke crushed connected a important enlargement of Corning’s optical cablegram manufacturing installation successful Hickory, North Carolina. This task is simply a cardinal constituent of a multiyear statement valued astatine up to $6 billion, established successful January, to accelerate the buildout of precocious AI information centers successful the US.

As the anchor lawsuit for this expansion, Meta volition usage Corning’s latest innovations successful optical fibre and connectivity to enactment its increasing AI infrastructure and exertion ecosystem. The caller state-of-the-art installation is expected to fortify the home proviso concatenation and reenforce North Carolina’s presumption arsenic a planetary hub for optical manufacturing. Corning, which already employs implicit 5,000 radical successful the state, anticipates that this enlargement could summation its section workforce by 15% to 20%.

Corning (GLW), Meta (META) Break Ground connected $6B Optical Cable Facility Expansion

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This collaboration highlights a displacement toward long-term, high-scale partnerships betwixt tech giants and hardware manufacturers. By securing a home proviso of captious optical technology, Meta ensures the resilience of its infrastructure portion supporting American manufacturing jobs. For Corning Incorporated (NYSE:GLW), the enlargement marks a milestone successful its 175-year history, utilizing its long-standing beingness successful North Carolina to conscionable the accelerated velocity and standard requirements of the existent AI era.

Corning Incorporated (NYSE:GLW) provides solid for level sheet desktop monitors, notebook computers, show televisions, and different accusation show applications, bearer network, and endeavor web products. The company’s operations are divided into the pursuing segments: Optical Communications, Display, Specialty Materials, Automotive, and Life Sciences.

While we admit the imaginable of GLW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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