Corning (GLW) Stock Shimmers After Earnings. How Did It Become the Next AI Play?

Material science firm Corning (NYSE:GLW) stock jumped after it raised second-quarter guidance.The maker of fiber optic cabling is now considered an artificial intelligence (AI) play.Management said sales for the current quarter will be $3.6 billion, up from a previous estimate of$3.4 billion, with earnings at the high range of between 42-46 cents per share.GLW stock was due to open this morning at $43.44 per share, a market capitalization of$37 billion on expected sales of $12.4 billion. The company will ...