Corning raises second-quarter core sales forecast driven by AI boom https://t.co/HTuhEadjxO https://t.co/mP4gqORoso
$GLW up 6% on that positive outlook.. been a sneaky strong AI play. Wrote up for members last month and those August $39 calls accumulated over 14k in open interest still holding
Corning raises second-quarter core sales forecast driven by AI boom https://t.co/A4wbqvGhkZ

Corning Inc. has raised its second-quarter guidance, expecting core sales to reach approximately $3.6 billion, surpassing the previous estimate of $3.4 billion and consensus of $3.41 billion. The company also anticipates core EPS to be at the high end or slightly above the prior range of 42 to 46 cents, with a consensus of 45 cents. This outperformance is primarily driven by the strong adoption of new optical connectivity products for generative AI. As a result, Corning's stock has soared 7% in premarket trading.


