Can Corning's Long-Term Fiber Deal With Verizon Boost Its Shares?
Corning has entered into a multi-year, multi-billion-dollar agreement with Verizon to supply over 80 million miles of optical fiber and connectivity solutions through 2032. The deal supports broadband expansion and AI data center infrastructure, leveraging Corning's Contour Flow Cable technology to improve network capacity and efficiency. The partnership is expected to drive Corning's U.S. manufacturing expansion.