Locator: 51845CORNING.
Story of the day: Corning.
- currently the cover story on Forbes; and,
- covered several times on CNBC yesterday.
The story over at Forbes begins:
The AI boom runs on Nvidia chips, staggering amounts of power and water—and a lot of glass. Corning makes most of it.
More precisely, the 175-year-old glass company makes the hair-thin optical fiber that hauls data between servers, buildings and data centers.
Demand has become so intense that:
- Corning has recently signed multibillion-dollar agreements with Amazon, Nvidia, Meta and Verizon;
- this week, AT&T announced a $3 billion deal with Corning to upgrade its home internet service; and,
- Apple has committed another $2.5 billion for Corning’s Gorilla Glass, the tough, hard-to-scratch stuff used in iPhones and Apple Watches.
For one of the nation’s OG technology companies, founded in upstate New York in 1851 and responsible for everything from the glass in Thomas Edison’s lightbulbs to cookware known as Pyrex, AI infrastructure is a lively third act.
Corning’s stock has nearly doubled in the last 12 months compared to less than 16% for the S&P 500.
Southern Copper (SCCO) is up over 70% for the full year. SCCO hit a high of 214 very early this year (February, 2026) coming off a low of 73 on year earlier (April, 2025).
Except for the coverage yesterday, I don't recall having heard Corning mentioned earlier in the year on CNBC, and only once, maybe twice, hearing a recommendation for SCCO. There's an explanation for that but I gotta run -- I'm taking Sophia to school and it is raining very, very hard right now. Flash flood warnings in effect.
