Corning Rises 8% - New Multi-Billion Deal with Amazon for Optical Fiber Cables!
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Corning secures a multi-year contract worth several billion USD from Amazon Web Services (AWS) for the supply of optical fiber cables for new data centers in the US. The strategic partnership creates 1,000 highly skilled jobs in North Carolina and significantly accelerates the expansion of domestic manufacturing capabilities. Due to the AI-driven technology shift from copper to fiber, the company is opening up a completely new addressable market worth around 10 billion USD by 2030. The Strategic Partnership with Amazon Corning...
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