AIWall Street Journalabout 2 hours ago
Corning Profit Surges on AI Demand
2 min read
Corning Incorporated reported third-quarter 2026 core sales of $5.08 billion, a 19% increase, driven by AI infrastructure demand. Optical sales jumped 44% to $2.38 billion, while segment net income surged 80% to $532 million. The company secured four long-term agreements with Verizon, AT&T, Meta, Amazon, and NVIDIA, converting growth into higher margins of 40.5%.
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