CNBC Corning Reinvented Itself As An iPhone Supplier. Now It’s Leaning Into The AI Boom

Meta is giving Corning up to $6 billion for fiber-optic cable in its AI data centers, in a deal reported first by CNBC. Famous for making iPhone glass for Apple, the 175-year-old U.S. company is now at the heart of the AI infrastructure boom, with demand for fiber sending its stock up more than 70% in the last year. CNBC went to North Carolina for an exclusive interview with Corning CEO Wendell Weeks about a new type of fiber he helped invent for AI, plus a look at an expansion that Corning says will make its Hickory cable factory the largest in the world, all to meet demand from Meta and other data center giants like Nvidia, OpenAI, Google and Microsoft.

Chapters:
0:00 Introduction
2:22 iPhones to AI data centers
7:05 Making fiber for AI
10:20 $6 billion from Meta
12:28 Staying ahead of competition

Produced and Shot by: Katie Tarasov
Edited by: Andrea Miller
Camera by: Magdalena Petrova
Senior Director of Video: Jeniece Pettitt
Animation: Jason Reginato, Emily Park
Additional Footage: Apple, Corning, Getty Images, Meta

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Corning Reinvented Itself As An iPhone Supplier. Now It’s Leaning Into The AI Boom

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