Computing Power for AI Requires Bandwidth (Fiber Optics): Corning Seals a $6 Billion Deal with Meta. This Should Lead to a Breakout of the Stock.

The stock of Corning (GLW) is making its next breakout. At the same time, the stock is receiving a trigger. Corning is essentially a simple glass manufacturer, but the company now serves as a key pillar for three massive secular trends: artificial intelligence, mobile consumer electronics, and renewable energy. In the field of AI, Corning provides the physical nervous system (fiber optic) that connects data centers. Without Corning's fiber optics, there is no fast data transmission between GPU clusters. In the mobile sector, Corning is the indispensable...