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Corning Expands AI Data Center Portfolio: Will it Drive Growth?
Corning is expanding its AI data center portfolio by licensing PRIZM TMT optical ferrule technology to address the increasing demand for high-density connectivity in next-generation AI networks. This move positions Corning to capitalize on the growing AI infrastructure market, facing competition from companies like Amphenol and Ciena. Despite a strong stock rally, Corning’s valuation is lower than the industry average, with positive revisions in its 2026 and 2027 earnings estimates.