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Corning's Q1 sales jump 18% as AI and solar demand surge
Corning Inc. reported an 18% year-over-year increase in core sales for Q1 to $4.35 billion, driven by strong demand for Gen AI products and new solar products. The company also announced two new hyperscaler agreements, similar to its $6 billion Meta deal, and shared expectations for continued growth in Q2 despite a planned maintenance shutdown at its solar wafer facility.