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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Corning shares surged 8% following a multibillion-dollar, multi-decade agreement with Amazon to supply optical fiber and connectivity solutions for AI infrastructure and U.S. data centers. The partnership aims to expand fiber-optic production and strengthen the domestic supply chain. This long-term deal is expected to create approximately 1,000 new jobs at Corning's manufacturing facilities in North Carolina.