Corning - Is the Silent Beneficiary of the AI Construction Boom Becoming a Bargain due to the Selloff?

I see Corning as one of the most compelling picks-and-shovels bets of the entire AI cycle. Simply put, the company does not supply the chips themselves, but rather the nerve pathways in between: fiber optics and optical connections that connect individual processors in data centers as well as entire locations. This is precisely where the capital of hyperscalers lands, whose spending is skyrocketing – concrete orders from Amazon and Meta ($6 billion) as well as an investment from NVIDIA of up to $3.2 billion impressively attest to this. That...