Corning Benefits From Generative AI in the Long Term – Pullbacks at the MA200 as an Opportunity!

Corning (GLW) was able to increase its optical communications solutions business by 51% in the last quarter and has already emphasized that GPU-based parallel computing processes for generative AI in data centers require over 10 times as much fiber optic cable as traditional cloud networks. The new AI-generation fiber optic and cable systems introduced last year have increased the fiber optic capacity in existing lines by two to four times, and the monthly production was tripled in the first quarter. The enterprise business is now expected to grow...