This Old-School Company Is Up 100% on AI Demand. Should You Buy Shares Now?

When people think about artificial intelligence (AI) stocks, a 175-year-old materials science company usually isn’t the first name that pops up. But Corning Incorporated (GLW) is proving that even an old-school industrial giant can become a key player in the AI revolution. Historically known for manufacturing specialty glass and ceramics, Corning’s most well-known product is Gorilla Glass, the ultra-tough screen glass used in smartphones worldwide.

Now, however, the company has reinvented itself as a critical supplier to the world’s largest AI data centers. At the heart of this transformation is Corning’s optical communications segment, which provides end-to-end fiber-optic technology. It has become the company’s largest and fastest-growing business, riding the explosive demand for data infrastructure fueled by AI. And investors have certainly taken notice, sending the stock soaring more than 100% over the past year.