More and more of our innovations are being adopted, at higher and higher value, says Corning CEO

Core Viewpoint - Corning's business is thriving, particularly in the specialty glass sector, with a notable 84% increase in stock value over the past year, driven by demand in data centers and mobile consumer electronics [2][15][16] Company Performance - Corning is recognized for its specialty glass products, including fiber optic cables essential for data centers, contributing to its booming business [2][4] - The company has experienced significant growth, particularly in its data center segment, which is currently its fastest-growing business [4][11] - Corning's stock has risen by 84% in the last 12 months, reflecting strong market performance [2] Data Center Innovations - The data center segment is expected to grow further as the industry shifts from copper to optical fiber, which is more efficient for connecting AI clusters [4][6] - A notable example is Meta's Louisiana campus, which requires 8 million miles of fiber, enough to circle the Earth 320 times, highlighting the scale of fiber demand [7][8] - The transition to glass in data centers could lead to lower energy consumption and costs, although significant innovation is still needed [10][12] New Business Ventures - Corning is expanding into solar energy with plans to establish a large American-made ingot wafer plant in Michigan, which could triple its current solar business run rate [14] - The solar sector is becoming increasingly competitive, with government policies influencing energy costs [15] Resilience Against Tariffs - Corning's business has shown resilience against tariffs, with 90% of its US revenue generated from domestically produced products, minimizing the impact of international trade policies [16]