Corning and Meta announced a multiyear agreement for fiber, cable and connectivity with a commitment of up to $6 billion. The figure is a ceiling, not annual revenue.
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The agreement illustrates substantial customer demand for optical infrastructure without establishing how much revenue Corning will recognize in any one year.
NVIDIA committed $2 billion of equity funding to each of Lumentum and Coherent alongside strategic purchasing arrangements. Coherent issued common shares; Lumentum issued convertible preferred shares.
MKS reported $1.248 billion in quarterly revenue and $3.30 in adjusted diluted EPS. Its balance sheet showed $1.399 billion of short-term debt and $2.544 billion of long-term debt.
Fabrinet reported fiscal-2026 revenue of approximately $4.64 billion and issued following-quarter adjusted EPS guidance of $4.10–4.25 per diluted share.
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By zachariah· 2,581 words
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Meta and Corning announce optical-infrastructure agreement
[21]Corning and Meta announced a multiyear agreement for fiber, cable and connectivity with a commitment of up to $6 billion. The figure is a ceiling, not annual revenue.
The agreement illustrates substantial customer demand for optical infrastructure without establishing how much revenue Corning will recognize in any one year.
NVIDIA finances two optical suppliers
[10][11]NVIDIA committed $2 billion of equity funding to each of Lumentum and Coherent alongside strategic purchasing arrangements. Coherent issued common shares; Lumentum issued convertible preferred shares.
IPG proposes Lumibird Medical acquisition
[13]IPG announced a binding offer to acquire Lumibird Medical for €300 million on a cash-free, debt-free basis. Closing remained subject to conditions.
MKS reports second-quarter results and debt
[2]MKS reported $1.248 billion in quarterly revenue and $3.30 in adjusted diluted EPS. Its balance sheet showed $1.399 billion of short-term debt and $2.544 billion of long-term debt.
Lumentum reports rapid fiscal-year growth
[5]Lumentum reported fiscal-2026 revenue of $3.014 billion, up 83.2%, and fourth-quarter GAAP gross margin of 47.4%.
Fabrinet reports fiscal-year manufacturing growth
[3]Fabrinet reported fiscal-2026 revenue of approximately $4.64 billion and issued following-quarter adjusted EPS guidance of $4.10–4.25 per diluted share.
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