Corning Inc
GLW: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|q$ | LOCK|V>^> | LOCK|@g%w@>G& |
Corning: Meta Deal Greatly Expands Our Fiber Growth Expectations
Corning and Meta Platforms announced a long-term supply agreement for optical fiber cable, targeting up to $6 billion in sales through 2030. Corning will expand its optical fiber capacity in North Carolina significantly. It will release fourth-quarter results on Jan. 28.
