Jefferies initiates Corning at Buy on AI-driven fiber shortages

Jefferies initiated coverage on Corning (GLW) with a Buy rating, citing AI-driven fiber shortages and multiyear hyperscaler/carrier deals. It sees near-term Carrier upside as data-center interconnect scales, with fiber inside AI systems from 2028, and says Enterprise/Carrier strength supports 2030 targets.

Detected & updated continuously · Source: Nebula