康宁业绩超预期，与Meta签署AI数据中心合作协议

Core Insights - Corning's Q4 2025 and full-year performance exceeded expectations, driven by strong demand in the AI data center sector and growth in optical communications [1] - The company signed a $6 billion AI data center collaboration agreement with Meta, effective until 2030, which is expected to significantly boost its optical communications business [1] - Corning raised its long-term growth target, aiming for an incremental annual sales increase of $11 billion by 2028 through its "Springboard" initiative [1] Stock Performance - Corning's stock exhibited significant volatility over the past week, closing at $125.79 on February 13, 2026, down 4.35% on that day [2] - The stock saw a notable increase of 7.56% to $131.39 on February 9, followed by a rise of 3.75% to $132.90 on February 11, before a slight decline [2] - The trading volume on February 12 reached $1.641 billion, indicating active market participation, with stock fluctuations influenced by positive earnings and AI collaboration expectations [2] Financial Analysis - Corning achieved record high performance in Q4 2025, with core sales increasing by 14% year-over-year to $4.412 billion and core earnings per share rising by 26% to $0.72, both surpassing market expectations [2] - For the full year, core sales reached $16.408 billion, reflecting a 13% year-over-year growth [2] - The optical communications segment emerged as a key growth driver, benefiting from AI data center demand, while the specialty materials segment also grew due to high-end cover glass demand [2]