Corning Inc secured a multi-year contract worth over $3 billion to supply fiber and cable to AT&T as part of its plan to expand internet service to 60 million Americans by 2030. This deal supports AT&T's goal to accelerate network deployment and improve installation efficiency, amid rising data demand where average monthly usage per household is expected to double by 2030. Corning's expanding US manufacturing, including new jobs in North Carolina, underpins this partnership. Both companies emphasize their long-standing collaboration and the importance of fiber as the leading internet connectivity technology.
Corning Inc's stock price rose 4.03% to USD 157.60 on Pluang, reflecting strong investor interest possibly linked to the new $3 billion fiber supply deal with AT&T. Meanwhile, AT&T's shares declined 0.50% to USD 24.80 as of Sep 29, 2026 23:11 WIB, with a majority of Pluang users selling the stock. This data highlights differing market reactions to the partnership news at this time.
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