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StocksMedium•8 April 2026•

1 min read

Corning and Meta Launch $6 Billion AI Fiber Expansion Project

Key Facts

1Corning and Meta have started construction on an expansion of an optical cable manufacturing facility in Hickory, North Carolina.

2The project is part of a multiyear agreement between the two companies worth up to $6 billion.

3The expansion aims to support advanced AI data centers and is expected to create 15-20% more skilled jobs.

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Corning Incorporated and Meta Platforms have officially broken ground on a major expansion of their optical cable manufacturing facility in Hickory, North Carolina. This project is a key component of a multiyear agreement between the two tech giants, valued at up to $6 billion. The expansion is specifically designed to meet the surging demand for high-speed connectivity within advanced AI data centers. Beyond infrastructure, the initiative is expected to boost local employment by creating 15% to 20% more skilled manufacturing jobs. This collaboration underscores the critical role of hardware and fiber optics in supporting the next generation of artificial intelligence. For Corning, the deal represents a significant long-term revenue stream, while Meta secures the necessary infrastructure for its AI ambitions.