This AI-boom stock keeps climbing even as Nvidia and Micron close the week deep in the red.
By Vlad from Bastion on
Corning $GLW makes the optical fiber that connects GPUs inside and between AI data centers. As clusters scale, that fiber matters as much as the chips.
The hyperscalers are locking in supply years ahead:
Meta: up to $6B in fiber through 2030 Amazon: a multiyear, multibillion-dollar supply deal Nvidia: a partnership for 3 new US plants
The reason: an AI switch rack needs roughly 10x the fiber density of a traditional cloud network, and that multiplies with every chip generation. Corning's optical segment grew 36% year over year in Q1 2026, with a 3-year revenue CAGR of 19%.
When chip sentiment wobbles, Corning sits one layer down in the stack, on revenue booked years in advance.
It trades at 38x 2028 earnings and ranks in the top 15% globally on our Quality Compounder score.