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tz-plus logo Tracking the Pivotal Point of Corning: Great Quarterly Results Thanks to Strategic Partnership with Apple and the AI Revolution!

W. Zussner
Reading Time: 1 minute

Corning is a U.S. technology company focused on specialty glass, ceramics, and optical fibers. The company benefits from its close partnership with Apple, the growth of AI, and the demand for solar technology. As part of the American Manufacturing Plan (AMP), Apple is now investing $2.5 billion to increase production capacity for smartphone glass in Harrodsburg, Kentucky, by 50%. This facility will exclusively supply Apple. Another driver is generative AI. The increasing demand for optical fibers for data centers led to an 81% revenue increase...

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