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Corning Expands U.S. Manufacturing With Amazon Fiber Agreement

Benzinga·
Corning Expands U.S. Manufacturing With Amazon Fiber Agreement

Corning announced a multiyear, multibillion-dollar fiber-optics supply agreement with Amazon for U.S. data center infrastructure. The deal includes 1,000 new advanced manufacturing jobs at Corning's North Carolina facilities and supports Amazon's fiber optic technician training program. Corning shares rose 5.46% to $187.28 on the news, driven by strong momentum and growth prospects in the data center sector.

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