Shares of Corning (GLW) crossed into negative territory on Friday following a report saying SoftBank (SFTBY) CEO is seeking to build “Trump Industrial Parks.” According to the Wall Street Journal’s Robbie Whelan, Eliot Brown and Josh Dawsey, SoftBank CEO Masayoshi Son is working out details of a plan that could result in him marshaling hundreds of billions of dollars to construct Trump-branded industrial parks in the U.S., people familiar with the discussions said. The facilities would be mostly built on federal land, using funds pledged by the Japanese government through a recent trade deal, and would manufacture components for AI infrastructure. PRICE ACTION: Shares of Corning are fractionally down at $85.18.
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