Corning Partners with US Conec for New Optical Fiber Technology
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 11 2026
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Should l Buy GLW?
Source: Newsfilter
Corning Inc's stock fell 5.04% and hit a 5-day low amid broader market gains, with the Nasdaq-100 up 0.46% and the S&P 500 up 0.50%.
The decline in Corning's stock comes despite the announcement of a strategic partnership with US Conec to license PRIZM® TMT optical ferrule technology, aimed at enhancing fiber density and connectivity efficiency in data centers. This collaboration is crucial as the demand for optical connections in AI infrastructure continues to grow, replacing traditional copper links. The technology will be showcased at the upcoming Optical Fiber Communication Conference, highlighting its significance in the evolving data center landscape.
This partnership positions Corning to capitalize on the increasing demand for high-speed data transmission in AI applications, potentially driving future revenue growth despite the current stock decline.
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Analyst Views on GLW
Wall Street analysts forecast GLW stock price to fall
10 Analyst Rating
8 Buy
2 Hold
0 Sell
Strong Buy
Current: 128.550
Low
83.00
Averages
99.00
High
110.00
Current: 128.550
Low
83.00
Averages
99.00
High
110.00
About GLW
Corning Incorporated operates as an innovator in materials science. Its segments include Optical Communications, Display Technologies, Specialty Materials, Environmental Technologies, and Life Sciences. Its Optical Communications segment manufactures carrier network and enterprise network components for the telecommunications industry. Its Display Technologies segment manufactures glass substrates for flat-panel displays, including liquid crystal displays and organic light-emitting diodes. Its Specialty Materials segment manufactures products that provide material formulations for glass, glass ceramics and fluoride crystals for customer needs. Its Environmental Technologies segment manufactures ceramic substrates and filters for emission control systems in mobile applications. Its Life Sciences segment develops, manufactures and supplies laboratory products, including labware, equipment, media, serum and reagents, enabling workflow solutions for drug discovery and bioproduction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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