Business Wire
BusinessSalesforce shares surged, and the rebound appeared to hinge on expectations for faster growthThe Apex TimesBusinessElon Musk says Tesla and SpaceX are discussing a $3.5 trillion merger, but he is not part of the talksThe Apex TimesBusinessBroadcom turns a 10-year VMware deal into leverage in its telecom licensing fightThe Apex TimesBusinessNike’s sales slump and Procter & Gamble’s rising profits highlight a widening consumer-stocks splitThe Apex TimesBusinessNetflix co-CEO Theodore Sarandos links live events to new subscriber growth as NFLX shares fallThe Apex TimesBusinessVerizon’s stock under pressure as investors track promised milestones from earlier this yearThe Apex TimesBusinessExxon Mobil stock’s biggest swings have clustered around key market dates, with management citing real benefits from “the markets” businessThe Apex TimesBusinessMastercard shares run ahead, but valuation debate heats upThe Apex TimesBusinessTesla shares swing as analyst cites 95% odds of a merger within two years, Musk floats $1 trillion revenue targetThe Apex TimesBusinessTesla forms special committee to explore merger with SpaceX, according to reportThe Apex TimesBusinessOracle says it may be able to invoke force majeure during New Mexico data center buildoutThe Apex TimesBusinessGenon says it cleared Nike’s footwear mass-production validation in Indonesia and added AI automation contractsThe Apex TimesBusinessSalesforce shares surged, and the rebound appeared to hinge on expectations for faster growthThe Apex TimesBusinessElon Musk says Tesla and SpaceX are discussing a $3.5 trillion merger, but he is not part of the talksThe Apex TimesBusinessBroadcom turns a 10-year VMware deal into leverage in its telecom licensing fightThe Apex TimesBusinessNike’s sales slump and Procter & Gamble’s rising profits highlight a widening consumer-stocks splitThe Apex TimesBusinessNetflix co-CEO Theodore Sarandos links live events to new subscriber growth as NFLX shares fallThe Apex TimesBusinessVerizon’s stock under pressure as investors track promised milestones from earlier this yearThe Apex TimesBusinessExxon Mobil stock’s biggest swings have clustered around key market dates, with management citing real benefits from “the markets” businessThe Apex TimesBusinessMastercard shares run ahead, but valuation debate heats upThe Apex TimesBusinessTesla shares swing as analyst cites 95% odds of a merger within two years, Musk floats $1 trillion revenue targetThe Apex TimesBusinessTesla forms special committee to explore merger with SpaceX, according to reportThe Apex TimesBusinessOracle says it may be able to invoke force majeure during New Mexico data center buildoutThe Apex TimesBusinessGenon says it cleared Nike’s footwear mass-production validation in Indonesia and added AI automation contractsThe Apex TimesBusinessSalesforce shares surged, and the rebound appeared to hinge on expectations for faster growthThe Apex TimesBusinessElon Musk says Tesla and SpaceX are discussing a $3.5 trillion merger, but he is not part of the talksThe Apex TimesBusinessBroadcom turns a 10-year VMware deal into leverage in its telecom licensing fightThe Apex TimesBusinessNike’s sales slump and Procter & Gamble’s rising profits highlight a widening consumer-stocks splitThe Apex TimesBusinessNetflix co-CEO Theodore Sarandos links live events to new subscriber growth as NFLX shares fallThe Apex TimesBusinessVerizon’s stock under pressure as investors track promised milestones from earlier this yearThe Apex TimesBusinessExxon Mobil stock’s biggest swings have clustered around key market dates, with management citing real benefits from “the markets” businessThe Apex TimesBusinessMastercard shares run ahead, but valuation debate heats upThe Apex TimesBusinessTesla shares swing as analyst cites 95% odds of a merger within two years, Musk floats $1 trillion revenue targetThe Apex TimesBusinessTesla forms special committee to explore merger with SpaceX, according to reportThe Apex TimesBusinessOracle says it may be able to invoke force majeure during New Mexico data center buildoutThe Apex TimesBusinessGenon says it cleared Nike’s footwear mass-production validation in Indonesia and added AI automation contractsThe Apex TimesBusinessSalesforce shares surged, and the rebound appeared to hinge on expectations for faster growthThe Apex TimesBusinessElon Musk says Tesla and SpaceX are discussing a $3.5 trillion merger, but he is not part of the talksThe Apex TimesBusinessBroadcom turns a 10-year VMware deal into leverage in its telecom licensing fightThe Apex TimesBusinessNike’s sales slump and Procter & Gamble’s rising profits highlight a widening consumer-stocks splitThe Apex TimesBusinessNetflix co-CEO Theodore Sarandos links live events to new subscriber growth as NFLX shares fallThe Apex TimesBusinessVerizon’s stock under pressure as investors track promised milestones from earlier this yearThe Apex TimesBusinessExxon Mobil stock’s biggest swings have clustered around key market dates, with management citing real benefits from “the markets” businessThe Apex TimesBusinessMastercard shares run ahead, but valuation debate heats upThe Apex TimesBusinessTesla shares swing as analyst cites 95% odds of a merger within two years, Musk floats $1 trillion revenue targetThe Apex TimesBusinessTesla forms special committee to explore merger with SpaceX, according to reportThe Apex TimesBusinessOracle says it may be able to invoke force majeure during New Mexico data center buildoutThe Apex TimesBusinessGenon says it cleared Nike’s footwear mass-production validation in Indonesia and added AI automation contractsThe Apex Times
Back to front
Amazon and Corning announce multibillion-dollar fiber deal to expand U.S. manufacturing, targeting 1,000 jobs
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 8, 12:45 PM EDT

Amazon and Corning announce multibillion-dollar fiber deal to expand U.S. manufacturing, targeting 1,000 jobs

The agreement, announced June 8, 2026, is designed to increase domestic production of optical fiber and related connectivity products used in Amazon data centers, alongside a workforce training program in North Carolina.

Amazon said on Monday, June 8, 2026, it has signed a multibillion-dollar agreement with Corning to support U.S. production of optical fiber and connectivity equipment used to build out its expanding data center network across the country. The companies positioned the deal as a way to strengthen the domestic supply chain for the components that carry the high-bandwidth traffic inside and between data centers.

Under the agreement, Corning will expand manufacturing capacity at facilities in North Carolina, with Amazon estimating that the investment will create 1,000 new “highly skilled” advanced manufacturing jobs at Corning locations across the state, along with hundreds of additional construction jobs tied to facility expansion.

Amazon and Corning also said the pact includes a workforce development effort that builds on Corning’s Fiber Optic Technician Training Program with Catawba Valley Community College. The program is aimed at training students for careers in fiber optic manufacturing and related technical roles, using hands-on instruction and coursework to create pathways into higher-paying technical jobs.

In comments tied to the announcement, Amazon Web Services CEO Matt Garman said the agreement channels investment into American manufacturing and includes support for training North Carolinians for fiber-optics work, including “fusion splicing,” a process used in fiber-optic systems to join optical strands.

Corning CEO Wendell Weeks called the agreement a milestone for Corning and for U.S. manufacturing, saying the company will expand production and create 1,000 advanced manufacturing jobs while working toward a more resilient domestic manufacturing base.

Industry context is straightforward but increasingly urgent: data centers rely on optical fiber and optical connectivity products to move data quickly over long distances and at high speeds, and the buildout of large-scale cloud and AI infrastructure has intensified competition for reliable component supply. For Amazon, securing expanded access to domestic fiber and connectivity manufacturing can help reduce dependence on overseas production capacity and logistics bottlenecks during peak demand cycles.

The companies did not disclose the specific dollar value of the “multibillion-dollar” figure, the exact production capacity targets, or the timeline for when expanded output will come online. It also was not detailed how the contract volume will be allocated between Amazon operations and any broader customer base Corning may serve. The announcement focuses on manufacturing expansion, job creation, and training rather than production metrics or contract terms.

What to watch next is whether Corning provides further detail in future updates about facility expansion milestones and hiring plans, and whether Amazon later quantifies how the additional fiber supply maps to data center construction schedules. Given the emphasis on workforce development, the rollout and enrollment outcomes for the technician training program could also become a tangible indicator of whether the deal translates quickly into an expanded domestic talent pipeline.

Why It Matters

  • The deal highlights how U.S. cloud infrastructure buildouts, including AI-era demand, are pushing major technology buyers to secure domestic supply for high-performance connectivity components.
  • Corning’s planned job creation and workforce training effort reflects a broader shift toward addressing skills pipelines alongside manufacturing capacity expansion.
  • If the agreement supports faster or more reliable delivery of optical fiber and connectivity products, it could reduce execution risk for data center projects during periods of tight supply.
  • The lack of disclosed contract value and capacity metrics suggests investors and customers will look for follow-on updates to gauge the deal’s operational impact.

Sources

Key Facts

  • Amazon announced a multiyear, multibillion-dollar agreement with Corning on June 8, 2026 to supply optical fiber, cable, and connectivity solutions for Amazon data centers in the U.S.
  • Corning’s expansion effort is expected to create 1,000 new advanced manufacturing jobs across North Carolina, plus hundreds of construction jobs.
  • The companies said they will expand Corning’s Fiber Optic Technician Training Program with Catawba Valley Community College to train students for careers in fiber optic manufacturing and related technical roles.
  • Amazon said the agreement is intended to strengthen the U.S. supply chain and domestic manufacturing base for data center connectivity components.
  • Amazon and Corning did not specify the exact contract dollar amount or detailed production capacity targets in the announcements.

Technology Related

Amazon and Corning announce multibillion-dollar fiber deal to expand U.S. manufacturing, targeting 1,000 jobs | The Apex Times