Business
Corning Profit, Core Revenue Rises
Corning GLW -4.48%decrease; red down pointing triangle posted higher first-quarter profit and core results, lifted by surging demand for its optical fiber products used in artificial intelligence data centers and continued growth in its new solar business.
The specialty materials and glass-technology company more-than-doubled net income to $371 million, or 43 cents a share, compared with $157 million, or 18 cents a share, in the same quarter a year ago.
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