r/stockmarket
Corning shares jump 4% after striking deal to power Amazon AI data centers in U.S.
Corning shares rise 4% on news of a deal to supply infrastructure for Amazon's US AI data centers.
- Direct revenue opportunity from supplying critical infrastructure to Amazon's expanding AI data center network.
- Validation of Corning's strategic positioning in the high-growth AI hardware supply chain.
- Positive market reaction indicates investor confidence in the company's ability to capitalize on AI trends.
- Single contract impact may be limited relative to overall company revenue, risking overreaction.
- Dependency on big tech capex cycles introduces volatility if AI spending slows down.
How exactly does fiber optics provide power to data centers? Are they generating power or providing the optical data pipes?
'Power' seems to be a wrong term here
The thermal expansion qualities of the glass makes the chip platform more resistant to heat deformation compared to the plastic-based ones...
Pof is a thing, but I don't think it's practical for a data center
They jumped to a share price not seen since one trading day ago
So nvda invested in Corning, now Corning using that money to power Amazon….circle jerk continues
Collaterized debt obligations 2026
This investment is triple AAA rated boys!!!
exactly
has anyone mapped out the extent of the "AI boom" is actually just circular investing combined with promises (ie, promising to invest $500 billion with an initial outlay of much less than $100 billion, etc)
Corning, Qualcomm, Cisco. All the 1999 darlings are coming back to life to inflate the bubble. Kodak AI will prob be announced within days
Atari is making hotels. Millenials are using black berries.
I reckon it's silicon photonics which is the next gen that will allow chips and datacenters to ditch copper.
Next quarterly report expected around 4 August, worth seeing what the market sentiment is going be like around then
Nice catch on GLW. These news-driven breakouts are goldmines if you can get in early enough. The problem is most people see these moves after they've already run 3-4%, when the easy money is gone.
I've been running the momentum scanner during market hours and it fires alerts within seconds of the initial volume surge, not when the 1-minute candle closes. The AI verdict feature is clutch for something like this because it pulls the news instantly and tells you whether the volume spike is actually news-driven or just technical noise. On a deal announcement like Amazon partnership, you'd get a STRONG rating with context.
The key is getting the alert while the base is still intact, before retail piles in. Let me know if you'd like a link to the scanner. (There's a 7 day trial if you want to test it on the next few news cycles.)