Can Meta’s Fiber Partner Corning Capitalize On Rising AI Fiber Prices?

Prices for specialized optical fiber used inside AI data centers are forecast to average more than five times their 2025 levels this year. That could be good news for Corning Incorporated (NYSE:GLW), a major manufacturer of fiber-optic cables and connectivity equipment. The company has a supply agreement worth up to $6 billion with Meta Platforms Inc. (NASDAQ:META). Corning’s Optical Communications business is already booming. Second-quarter sales jumped 32% to $2.07 billion, while segment net i