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Shares in Corning are trading nearly 20% higher premarket after Nvidia said it would invest $500 million in the glassmaker. The injection is part of a partnership to expand manufacturing of fiber optics, which are used in AI data centers to transfer data quickly and at scale. Demand for fiber optics has supercharged Corning stock in recent months.
The S&P 500 (^GSPC) is set to extend a record run as crude tumbles and traders welcome signs the Iran conflict could be winding down. Stocks are soaring because the Strait of Hormuz appears clear and a chip-led rally is rolling into a second day. The PHLX Semiconductor Index (^SOX) has ballooned by 9.4% over the ... S&P 500 Extends Record Run as Semis Soar, Oil Falls and Strait Traffic Flows
Three new optical factories in North Carolina and Texas, 3,000 jobs, and a 10x increase in U.S. manufacturing capacity… not bad for a company most people think just makes iPhone screens
Nvidia is investing $500 million in Corning as part of a partnership with the glassmaker to expand manufacturing of fiber optics for AI infrastructure.
The facilities in North Carolina and Texas will expand Corning's U.S. optical manufacturing capacity 10-fold and create at least 3,000 jobs
Investing.com -- Corning (NYSE:GLW) shares jumped 14% Wednesday following the announcement of a multiyear partnership with NVIDIA (NASDAQ:NVDA) to expand U.S. manufacturing of optical connectivity solutions for AI infrastructure.
FEATURE Corning and Nvidia are forming a partnership to drastically expand U.S. fiber and optical connectivity production, the companies announced Wednesday. Shares of Corning, the glassmaker, jumped 15% in premarket trading.
↗️Advanced Micro Devices (AMD): Shares of the chipmaker soared premarket after it reported stronger sales and logged higher profit. Shares of its peer Super Micro Computer Inc. (SMCI) also jumped premarket.
Corning Incorporated recently reported first-quarter 2026 results showing sales of US$4,144 million and net income of US$371 million, affirmed its US$0.28 quarterly dividend, issued second-quarter guidance, and filed an omnibus shelf registration covering multiple securities. A key highlight was Corning’s expanding role in AI data center infrastructure, including a multi‑year US$6 billion Meta Platforms agreement and an updated Springboard plan targeting large incremental sales by...
The semiconductor sector (SOXX) has seen a lot of momentum this year. Yahoo Finance Senior Business Reporter Ines Ferré zooms in on Micron (MU) in particular, highlighting the factors driving the stock's recent gains.
ROST, TEL, AVGO, GLW and ANET emerge as potential winners as markets battle intense volatility.
Corning Incorporated (NYSE:GLW) was among the stocks on Jim Cramer’s radar on Mad Money as he discussed the upcoming earnings. Cramer expects to hear more about the company’s “multi-billion dollar contracts,” as he said: We’ve got an important analyst meeting on Wednesday. It’s Corning, the glass and fiber company. They could talk more about the […]
Here is how Corning (GLW) and Arrow Electronics (ARW) have performed compared to their sector so far this year.
Is GLW a good stock to buy? We came across a bullish thesis on Corning Incorporated on The Analyst’s Journal’s Substack by RA_Capital. In this article, we will summarize the bulls’ thesis on GLW. Corning Incorporated’s share was trading at $168.76 as of April 22nd. GLW’s trailing and forward P/E were 92.22 and 54.35 respectively according to […]
Corning (NYSE:GLW) and Meta have started a $6b expansion of Corning's optical cable plant in North Carolina. The project is intended to support AI data center growth and strengthen US based fiber supply. The expansion represents a multi year commitment between Corning and a large technology partner focused on AI infrastructure. Corning, trading at $158.26, has seen very strong share price performance, with the stock up 74.5% year to date and 251.1% over the past year. The new expansion with...
Corning (NYSE:GLW) shareholders voted to elect director nominees, approve executive compensation on an advisory basis, ratify the company’s independent auditor, and reject a shareholder proposal calling for an independent board chair policy at the company’s 2026 annual meeting on April 30. Sharehol
The stock market rebounded late last week after a short pause. The S&P 500 and Nasdaq are at highs while Apple and Broadcom are in buy zones.
We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Corning Incorporated (NYSE:GLW) is one of the stocks discussed by Jim Cramer. Glass manufacturer Corning Incorporated (NYSE:GLW) is one of Jim Cramer’s favorite data center stocks, as he believes that the firm’s aim to replace copper with glass […]
We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Coherent Corp. (NYSE:COHR) is one of the stocks discussed by Jim Cramer. Coherent Corp. (NYSE:COHR) is another optical communications products manufacturer. Like its peers, the firm has also performed well on the stock market. Its shares are up […]
There was a lot that could have made the stock market fall. Investors shrugged off questions about when—or even if—the Federal Reserve would cut interest rates again this year after the central bank held rates steady, and they ignored the fact that Jerome Powell plans to stay on the Fed’s Board of Governors even as Kevin Warsh prepares to become chair. Inflation came in hot as oil prices continued to rise, and earnings from Microsoft and Meta Platforms revealed sizable capital spending increases—and resulted in falling stocks. Eli Lilly earnings offered evidence that weight-loss drugs were only getting bigger; Coca-Cola’s beat showed that not all soft-drink makers are suffering from an Ozempic overhang; Alphabet’s capital spending paid off with big profits; and Caterpillar’s numbers demonstrated that there’s more to its business than mining and machinery.
Apple, Sandisk and Roku were key movers after the stock market hit new highs amid huge earnings and lower oil prices.
GLW and CIEN ride booming 5G, AI, and fiber demand as the communication components industry posts massive gains and strong near-term momentum.
Corning Incorporated (NYSE:GLW) was among the stocks on Jim Cramer’s Mad Money radar as he discussed the recent sell-off in AI-related stocks. Highlighting the stock’s recent parabolic move, Cramer said: Let’s go back to the rain metaphor for a moment, though. We’re on the cusp of the big four tech earnings, Amazon, Alphabet, Meta, and […]
NTGR beats Q1 EPS and revenue estimates despite a 2% sales dip, as enterprise ProAV switches and recurring subscribers help cushion results.
Corning (GLW) reported Q1 2026 core sales of $4.35 billion, representing an 18% year-over-year increase. The core insight hiding beneath this headline beat is how entirely the AI-driven acceleration is offsetting the more modest growth currently seen in the company's traditional Glass Innovations segment.
Corning (GLW) stock pulled back about 1% after earnings, following a massive run in which shares gained roughly 250% over the past year. The reaction looks odd at first glance because Optical demand tied to AI data centers is accelerating, margins are expanding, and Corning just locked in two new ...
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