Corning and Meta expand optical cable plant in North Carolina for $6 billion, strengthening US fiber supply.
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Corning and Meta expand optical cable plant in North Carolina for $6 billion, strengthening US fiber supply. Sunday, May 3, 2026 8:31 am ET 1min read Corning has started a $6 billion expansion of its optical cable plant in North Carolina with Meta, aimed at supporting AI data center growth and strengthening US-based fiber supply. This multi-year commitment reinforces Corning's role in current market themes, ties its growth to AI data center buildouts, and showcases its manufacturing footprint and supply chain inside the US. The expansion complements Corning's recent strong earnings and dividend payments, while also addressing concerns around valuation and insider selling. Ask Aime: How will Corning's $6 billion expansion impact their stock price?
