Corning

Corning is benefiting from skyrocketing data-center demand and multibillion-dollar contracts with hyperscalers and carriers, plus $2.5 billion in Gorilla Glass orders from Apple, driving strong revenue and profit growth. CEO Wendell Weeks targets $40 billion in revenue by 2030 but warns of valuation volatility after the stock’s sharp swings in 2026. To avoid a repeat of the telecom-era collapse, Corning is investing about $1 billion in R&D and expanding into solar polysilicon and modules, automotive Gorilla Glass windshields and industrial carbon-capture filtration technologies. » More on forbes.com

AT&T and Corning are expanding their collaboration; the now-announced order is worth more than $3 billion. The deal follows several large orders from hyperscalers and network operators and suggests the AI infrastructure boom is increasingly moving into the fiber networks between data centers. Corning’s revenue in Optical Communications rose 32% in Q2 2026 to $2.07 billion, with enterprise business growing by 65%. » More on finanzen.net

Corning disclosed an agreement with Goldman Sachs to sell up to $2 billion of common stock through an at-the-market program, a move Jim Cramer said could push the share price lower and advised investors to wait. The company reported strong optical demand—Optical Communications sales rose 32% year over year—and aims to scale photonics while targeting about $2 billion in capital expenditures for 2026. The offering creates potential dilution as Corning pursues growth in scale-up photonics and manages increased capital requirements. » More on finance.yahoo.com

In its Q2 2026 investor letter Auxier Asset Management singled out Corning for its management and manufacturing adaptability under CEO Wendell Weeks amid accelerating AI infrastructure spending. The firm noted tech-facing industrials benefited from the shift toward AI buildout and has invested with Corning, whose shares have risen strongly over the past year. Corning closed at $144.16 on September 16, 2026, with a market cap of $125.38 billion and a 52-week gain of 92.89%. » More on finance.yahoo.com

Reaves Long Term Value Wrap Strategy named Corning as a leading contributor after the company used an investor day to deliver stronger multi‑year guidance. Shares doubled during the quarter as competitors reported robust fiber‑optic demand and Corning's CFO mentioned a possible South Korea plant for glass substrates used in chip packaging. The stock has risen sharply over 12 months and attracted new institutional positions during Q2 2026. » More on finance.yahoo.com