Nebius Return Rate
MicrosoftSep 9 at 03:55 PM
$Corning(GLW.US)
Context: Corning and Verizon signed a multi-billion dollar agreement for over 80 million miles of optical fiber through 2032. The deal supports Verizon's broadband expansion and AI infrastructure needs while boosting Corning's U.S. manufacturing. The deployment is intended to support growing consumer broadband and converged-service demand while expanding broadband access for homes and businesses and building the national long-haul network needed for AI hyperscalers. The agreement will also support the expansion of Corning’s U.S. manufacturing footprint, helping Verizon secure the materials needed for its convergence strategy and long-haul AI corridors.
My Trade: Corning has been in the trade for many years and has established itself as one of the core companies. The dips so far have been buying opportunities, in my opinion.
Takeaway: Corning may not have the biggest runway in terms of share price as compared to some other companies in the similar industry like AAOI. Yet, I do think it's establishment and solid fundamentals/history would make it a great pick for "safer" bets. @Captain's Treasure
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