Corning announced a multi-year agreement to supply glass components for Meta’s AI data centers, with total contract value of up to $6 billion. The deal will support expansion of U.S. production capacity at Corning’s fiber and connectivity plants, with planned capital investments of $400 million over the next two years. Management expects the agreement to generate approximately 1,500 new high-skilled manufacturing and engineering positions across facilities in North Carolina and Wisconsin, while helping Corning capture a leading share of the fast-growing AI infrastructure market.

In Q4 2025, Corning delivered adjusted earnings per share of $0.72 and revenues of $4.41 billion, exceeding consensus estimates by 3%. The Optical Communications segment achieved net sales growth of 24.3% year-over-year, driven by strong demand for fiber, cables and connectors in generative AI and hyperscale cloud builds. Operating margin expanded to 20.2%, up 170 basis points from a year earlier, while free cash flow nearly doubled to $1.72 billion. Management also raised its Springboard targets, now forecasting up to $11 billion in incremental annualized sales by 2028 based on commitments from leading hyperscalers.

On January 29, 2026, Corning’s Executive Vice President and CFO Edward Schlesinger sold 21,104 shares, retaining 54,780 shares after the transaction. Shortly before earnings, Fox Advisors lowered its rating on Corning from Outperform to Equal-Weight, citing valuation concerns following a 14% core sales increase to $4.41 billion. Conversely, several sell-side analysts raised their fiscal 2026 EPS forecasts by an average of 5%, pointing to continued strength in AI-driven optical demand and ongoing margin expansion.