Acceleration of Growth through AI and Increased Content Share

The stock is heading towards the all-time high from 2000
BofA analysts raised the price target from 110 to 120 USD (Buy)
Andreas Zehetner
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A. Zehetner
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Corning (GLW) is approaching the all-time high marked in 2000. The boost comes from the major order from Meta as well as raised growth targets. The major customer Apple wants to have all glass displays for future and globally sold iPhones and Apple Watches manufactured directly in the USA by Corning. A key growth driver in optical communication solutions is fiber optics for data centers. High-density connections represent a new growth opportunity, as fiber optics consume three times less energy compared to copper lines even over short transmission...

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