Corning - Demand for High-End Fiber Optic Cables for AI Applications and Smartphone Upgrade Cycle Boosts Results Significantly!

Business Driver: Corning (GLW) has established a reputation primarily through its particularly resilient and robust display solutions. Leading smartphone manufacturers such as Apple and Samsung are part of Corning's customer base for the premium product "Gorilla Glass." Thanks to the ongoing AI smartphone upgrade cycle, display sales are also expected to increase significantly. Currently, the main growth driver for Corning is primarily high-speed fiber optic cables. As hyperscalers significantly ramp up their data and cloud center capacities,...