Corning Stock Rallies to All-Time Highs as AI Optical Boom Builds

I previously covered how Marvell Technology's (MRVL) stock was surging on a hidden growth engine: optical connectivity. There’s another company that offers exposure to the same AI infrastructure bottleneck, but in a different way. Corning Inc. (GLW) is a diversified materials science business that makes the raw materials and equipment for optical networking.

This is just one part of the company’s business, though this might be a turn-off for those looking for optical pure-plays. For others, a stable business outside this segment enables the company to take increased risks on the back of its existing business. This reduces the volatility associated with pure-plays involved in emerging technologies, making Corning an attractive investment.