Corning: Fiber Optics Specialist Benefits from Major Partnerships in AI Connectivity Solutions!
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The fiber optics specialist is benefiting from the AI trend through multi-year partnerships with Meta, NVIDIA, and Amazon. Corning updates its Springboard plan with an annual revenue target of 40 billion USD by the end of 2030. In Q1, the Optical Communications segment was able to grow by 36%. Starting from the 50-day moving average, the all-time high could be targeted. Corning (GLW) benefits as a specialist in glass and ceramics research from the increasing need for denser optical networks to process the growing amounts of data....
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