Corning (GLW), the real primary surge is starting! 🚀
Corning is no longer a traditional glass company. It has positioned itself on the most core track of AI infrastructure.
Nvidia and Corning have reached a long-term partnership. Corning will expand U.S. optical interconnect capacity by 10x, increase fiber capacity by more than 50%, and build 3 new factories to provide key optical interconnect products for AI data centers. As AI compute power continues to expand, demand for high-speed optical communications will only keep growing—Corning is right at the core of this industry chain.
Reaching a market cap of 500 billion would be around $600. For Corning, which has officially agreed with Nvidia to expand production by 10x on the record, a 10x increase in earnings is far more than just a $600 price.
For trading, the recommendation is to go all-in on longs at the current price to target $600. Set a stop loss at $200. The risk-reward ratio is reasonable!
#GLW
Corning is no longer a traditional glass company. It has positioned itself on the most core track of AI infrastructure.
Nvidia and Corning have reached a long-term partnership. Corning will expand U.S. optical interconnect capacity by 10x, increase fiber capacity by more than 50%, and build 3 new factories to provide key optical interconnect products for AI data centers. As AI compute power continues to expand, demand for high-speed optical communications will only keep growing—Corning is right at the core of this industry chain.
Reaching a market cap of 500 billion would be around $600. For Corning, which has officially agreed with Nvidia to expand production by 10x on the record, a 10x increase in earnings is far more than just a $600 price.
For trading, the recommendation is to go all-in on longs at the current price to target $600. Set a stop loss at $200. The risk-reward ratio is reasonable!
#GLW