Subject: WSJ on Corning's Cinderella moment
Corning’s cables have become the connectors of choice. The Cinderella story for a relatively unflashy but high-tech component has been a boon to the 175-year-old company, and a lesson in how being willing to lose money on new ideas for a long time can pay off.

Corning stock is hovering around its all-time high, boosted by a recently announced $6 billion deal with Meta to supply fiber-optic cable for the company’s rapidly growing array of AI data centers. Corning said it is in talks with others for more such deals.


Interesting overview of a pick-and-shovel manufacturer to the current gold rush.

Anyone here know the company well?

Why a 175-Year-Old Glassmaker Is Suddenly an AI Superstar
Gift link: https://www.wsj.com/tech/corni...

--sutton