Corning $GLW beats Q3 expectations as AI infrastructure demand fuels growth ๐
Core sales rose 19% YoY to $5.08B, while EPS reached $0.91, both ahead of estimates
The standout? Optical Communications revenue surged 44%, with Gen AI-related sales more than doubling and outpacing GPU shipment growth
Corning also raised its Q4 sales outlook to $5.2โ5.3B, reinforcing its ambition to double annualized sales to $40B by 2030
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