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Corning does $2BN ATM stock offering, stock drops by $20BN
*CORNING EXTENDS DROP TO SESSION-LOW 14%, MOST SINCE JULY 28
CORNING $GLW FILES FOR UP TO $2 BILLION COMMON STOCK OFFERING
Corning bStock (GLWB) dividends are now in your Spot Wallet ✅ If you were holding tokens before 31 Aug 2026, your dividend should now be available. → $0.28 USD dividend per share → Distributed as additional GLWB Thank you for being part of Binance bStocks. 🫡
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Corning is pretty much confirming that the CPO scale up solution will be adopted for the 576 Rubin Ultra solution (not the copper one)
$GLW having a presentation on optics. This slide.. Everywhere you see yellow you see Corning. "And when we add the optical scale up network to interconnect all the switches in every GPU rack, well we add a lot more yellow."
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$GLW Corning Stock Rises on Multi Billion Dollar Fiber Agreement With Verizon Verizon said Tuesday the multi billion dollar supply agreement runs through 2032. Corning will supply more than 80 million miles of “high-capacity” optical fiber to “expand nationwide consumer broadband access” and support generative AI compute needs
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🔵 #Corning# Incorporated ’s Multicore Fiber (MCF) is impressive. The physical comparison at the booth makes the advantage very clear: the yellow cable represents the conventional single-core fiber bundle, while the green cable represents the multicore fiber solution. You can immediately see how much space MCF can save while supporting comparable fiber capacity — smaller footprint, lower cable volume, and potentially lower overall weight. As AI data centers scale, fiber density is becoming increasingly important. More bandwidth needs to fit into increasingly constrained rack and cable-routing space. More optical capacity, less physical footprint. $GLW
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$GLW — Corning is becoming a critical link in the AI data center optical supply chain — with capital, capacity, and customers converging at once. Key highlights: — Q1 2026 EPS of $0.70 came in strong, with optical communications revenue up 36% YoY on robust AI demand. — Nvidia took a $ 500M stake in Corning, while the company committed to expanding U.S. fiber optic capacity by 50%+ to supply AI data centers. — Long-term agreements signed with multiple hyperscalers, including a $ 6B order from Meta — locking in Corning's optical positioning across the AI supply chain. Three converging order streams — fiber, silicon, and cloud — reshaping a 174-year-old industrial company into an AI infrastructure name. Trade $GLW and 1,000+ U.S. and Hong Kong equities with stablecoins on StableStock.
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AT&T & CORNING SIGN $3B+ FIBER SUPPLY DEAL AT&T $T and Corning $GLW have signed a multi-year agreement worth more than $3 billion, with Corning supplying fiber and cable for AT&T’s U.S. network expansion. The deal supports AT&T’s goal of reaching 60 million Americans with fiber by the end of 2030. AT&T says the average Fiber household now uses more than 1 TB of data per month, about 5x 2016 levels, and expects that to reach 2 to 2.5 TB by 2030 as streaming, cloud services and AI drive higher data usage. Corning will supply the fiber through its U.S. manufacturing operations, including facilities in North Carolina. AT&T also reiterated its existing financial outlook, which already includes the impact of the agreement.
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📢 𝗝𝗨𝗦𝗧 𝗜𝗡: $GLW Corning Expands Polarcor Capacity, Signs Multi-Year Photonics Supply Agreement 👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ➤ 𝗖𝗼𝗿𝗻𝗶𝗻𝗴 will expand production capacity for its 𝗣𝗼𝗹𝗮𝗿𝗰𝗼𝗿 glass polarizers. ➤ Expansion targets growing demand from 𝗔𝗜 𝗱𝗮𝘁𝗮 𝗰𝗲𝗻𝘁𝗲𝗿𝘀 and computing applications. ➤ Corning signed a new 𝗺𝘂𝗹𝘁𝗶-𝘆𝗲𝗮𝗿 𝘀𝘂𝗽𝗽𝗹𝘆 𝗮𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁. ➤ Agreement is with an 𝗮𝗰𝘁𝗶𝘃𝗲 𝗽𝗵𝗼𝘁𝗼𝗻𝗶𝗰𝘀 technology company. ➤ Additional capacity will increase production of 𝗲𝗻𝗴𝗶𝗻𝗲𝗲𝗿𝗲𝗱 𝗴𝗹𝗮𝘀𝘀 𝗽𝗼𝗹𝗮𝗿𝗶𝘇𝗲𝗿𝘀. ➤ Polarcor products are widely used in 𝗼𝗽𝘁𝗶𝗰𝗮𝗹 𝗶𝘀𝗼𝗹𝗮𝘁𝗼𝗿𝘀. ➤ Components support advanced 𝗼𝗽𝘁𝗶𝗰𝗮𝗹 and 𝗽𝗵𝗼𝘁𝗼𝗻𝗶𝗰 systems. ➤ Multi-year agreement provides customers with 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺, 𝘀𝘁𝗮𝗯𝗹𝗲 𝘀𝘂𝗽𝗽𝗹𝘆. 👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀: ➤ Expansion signals rising 𝗔𝗜 infrastructure demand for specialized optical components. ➤ Multi-year supply commitment provides Corning with greater 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗱𝗲𝗺𝗮𝗻𝗱 visibility. ➤ Higher capacity strengthens Corning's ability to serve expanding 𝗽𝗵𝗼𝘁𝗼𝗻𝗶𝗰𝘀 markets. ➤ Growth in AI data centers could increase demand for 𝗼𝗽𝘁𝗶𝗰𝗮𝗹 𝗰𝗼𝗻𝗻𝗲𝗰𝘁𝗶𝘃𝗶𝘁𝘆 components.
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