Corning Inc GLW

Corning’s AI Fiber Growth Is Approaching Light Speed

Corning is a materials science behemoth with differentiated glass products for televisions, notebooks, mobile devices, wearables, optical fiber, cars, and pharmaceutical packaging. In its 175 years of operation, the company has constantly innovated (including inventing glass optical fiber and ceramic substrates for catalytic converters) and oriented itself toward evolving demand trends that it can serve through its core competency of materials science. We point to Corning’s domination of the smartphone cover glass market and deals for 5G networks and artificial intelligence data centers as recent evidence of the pivot toward growth.