TLDR
- Corning and Amazon announced a multiyear, multibillion-dollar deal to supply optical fiber for Amazon’s data center buildout.
- Corning stock surged over 9% in premarket trading and was up around 10% by Monday morning.
- The deal will create 1,000 new manufacturing jobs at Corning’s North Carolina facilities.
- Amazon will invest in expanding Corning’s manufacturing sites and support a fiber optic technician training program.
- The agreement follows a separate deal Corning struck with Meta worth up to $6 billion earlier this year.
Amazon and Corning announced a multiyear, multibillion-dollar agreement Monday to supply optical fiber, cable, and connectivity solutions for Amazon’s growing data center network across the U.S.
$AMZN announced a multibillion-dollar deal with $GLW to supply optical fiber, cable and connectivity solutions for its U.S. data center buildout.
The deal expands Amazon’s domestic fiber supply chain as AI data center demand keeps scaling pic.twitter.com/WRQUYTHW5q
— Shay Boloor (@StockSavvyShay) June 8, 2026
Corning stock jumped more than 9% in premarket trading, and was up around 10% by Monday morning. The stock has already more than doubled in 2026, driven largely by rising fiber demand.
Amazon was up around 1.2% on the news.
The deal will see Amazon invest directly in expanding Corning’s manufacturing facilities in North Carolina. That expansion is expected to create 1,000 new advanced manufacturing jobs at those sites, along with hundreds of additional construction jobs.
As part of the agreement, Amazon will work with Corning to expand its Fiber Optic Technician Training Program with Catawba Valley Community College, preparing students for careers in fiber optic manufacturing and related technical roles.
Corning CEO Wendell Weeks said the agreement “represents a milestone for Corning and for American manufacturing,” adding that Amazon’s investment will help expand production and “lead the way toward building a resilient U.S. manufacturing base.”
The deal is designed to strengthen the domestic supply chain for fiber and cable products that feed into Amazon’s data center infrastructure.
Other Optical Names Also Pop
The announcement lifted other optical-networking hardware names too. Coherent rose around 6% and Lumentum jumped nearly 4% on the news.
Marvell Technology was also up around 8.5%, though that move was tied to its pending inclusion in the S&P 500 rather than the Corning-Amazon deal.
Not the First Big Deal This Year
This isn’t Corning’s first major agreement in 2026. Earlier this year, the company unveiled a multiyear deal worth up to $6 billion with Meta to help build out data centers, with Corning agreeing to add capacity at its Hickory, North Carolina facility and expand its manufacturing footprint across the state.
Monday’s Amazon agreement builds on that momentum and adds to Amazon’s existing footprint in North Carolina, where the company has invested more than $20 billion since 2010 and employs over 26,000 people.
Amazon also announced plans last year to invest an additional $10 billion in North Carolina to expand its cloud computing infrastructure.
Financial terms of the Corning deal were not immediately disclosed.
🚨 Our MAY Stock Picks Are Live!
A new month means new opportunities. Our analysts have just released their top stock picks for May, highlighting companies with strong momentum that rank highly on our KO Score algorithm. We’re also now sharing trade ideas for both long-term and short-term investors, giving you more ways to spot potential opportunities in the market.
Sign up to Knockout Stocks today and get 50% off to unlock the full list and see which stocks made the cut.
Use coupon code Special50 for your exclusive discount!
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
