ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/corning” target=”_blank”>Corning forecast second-quarter core sales above Wall Street expectations on Tuesday, aided by strong demand for its optical connectivity products used in AI-related infrastructure. Shares of the company, which also makes ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gorilla-glass” target=”_blank”>Gorilla Glass, rose more than 1% in premarket trading.
Corning’s cables and connectors are benefiting from businesses pouring money into new ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/data-center-projects” target=”_blank”>data center projects, which require equipment that can rapidly process data to train artificial intelligence models.
“In optical communications, sales in our enterprise business were up 106%…
