Corning Incorporated is trading 4.5% up at $187.26 in pre-market, extending a sharp rally following a major agreement with Amazon for optical fiber and connectivity solutions.

  • The deal focuses on providing cable and connectivity for Amazon's U.S. data center build-outs to support accelerating AI infrastructure needs.
  • Investors are increasingly pricing in stronger demand for cloud infrastructure, positioning the company as a top performer in the sector.
  • The upward move aligns with a broader risk-on tone observed in U.S. equity futures during early trading.