Amazon expands Corning fiber supply deal for U.S. AI data centers

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Amazon expands Corning fiber deal

Highlights

Amazon and Corning signed a multiyear optical fiber supply deal supporting Amazon’s U.S. data centers and generating 1,000 new jobs at North Carolina factories.
Amazon invested $10 billion in new North Carolina data centers last year, with total company-created jobs in the state now exceeding 26,000.
Corning shares have more than doubled year-to-date and surged nearly sixfold since end-2023, reflecting surging AI infrastructure demand from hyperscalers like Amazon.

Multiyear supply pact and North Carolina expansion

As reported by CNBC, the agreement runs over several years and is set to support Amazon’s rapidly growing U.S. data centers with Corning optical fiber used to connect facilities, racks and chips.

The companies say the deal will create 1,000 jobs at Corning’s factories in North Carolina. The arrangement also expands Corning’s training program for fiber optic technicians in the state, adding a workforce development element to the manufacturing push.

In the press release, Amazon Web Services Chief Executive Matt Garman says Amazon’s investments in North Carolina have created more than 26,000 jobs. Last year, Amazon committed to spend $10 billion on new data centers in the state.

A company statement says Amazon’s data centers support services used by millions of people and businesses each day, while Corning’s fiber optics form a critical part of that infrastructure and help support the broader U.S. economy.

AI infrastructure demand lifts Corning’s role

Corning’s fiber optic cable and networking products are becoming increasingly important to AI infrastructure as hyperscalers and AI labs race to build out computing capacity and need faster links between data centers and the hardware inside them.

For Corning, the Amazon agreement adds to demand that is revitalizing the 175-year-old manufacturer as spending on AI infrastructure accelerates. The company’s shares have more than doubled so far this year and are up almost sixfold since the end of 2023.

Chief Executive Wendell Weeks says the agreement with Amazon marks a significant milestone for Corning and for American manufacturing, underscoring how large technology buyers are reshaping supply chains tied to AI expansion.

Our earlier coverage of Marvell Technology’s S&P 500 inclusion explained how the AI-focused chipmaker is benefiting from accelerating data center demand, helping drive sharp share gains. We also noted that Marvell’s upbeat outlook and revenue growth were tied to stronger data center-driven sales, underscoring how AI infrastructure spending is lifting a broader set of companies beyond the largest tech platforms.

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