Corning announces strong third quarter results
Core sales rose 19% to $5.08 billion with Gen AI driving optical communications growth while solar also expanded significantly.
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Materials science company
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In short: Corning posted strong AI-driven third-quarter growth and ran ahead of its $20 billion annualized-sales target.
Core sales rose 19% to $5.08 billion with Gen AI driving optical communications growth while solar also expanded significantly.
The long-term contract delivers over 80 million miles of optical fiber to accelerate nationwide broadband expansion and support high-density AI infrastructure networks.
Second-quarter core sales grew 17% to $4.74 billion with a 20.9% operating margin while annualized sales targets rise to $20 billion by end of 2026.
It is expanding optical connectivity manufacturing in North Carolina and Texas, creating 3,000 jobs.
Corning's Optical Communications sales rose 44% to $2.38 billion in Q3 2026 as AI data centers drove fiber demand, with core sales up 19%.
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