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Corning (GLW) PT Lowered to $165 at JPMorgan

Wed, 21 Oct 2026 06:53:26 -0400

JPMorgan analyst Joseph Cardoso lowered the price target on Corning (NYSE: GLW) to $165.00 (from $170.00) while maintaining a Neutral rating.

The analyst comments "Corning shares are trading up +5% since the last earnings print, outperforming the broader market (+3%), Hardware & Networking coverage universe (+0%), and the optical peer group (-1%, or -10% excluding Lumentum), with the move supported by expectations for continued momentum in the Optical-Enterprise business, alongside upside suggested by intra-quarter Optical-Carrier deals. Management further reinforced that view by indicating expectations to track toward the high-end of its prior guidance range in 3Q26 or in other words delivering

Corning (GLW) PT Lowered to $165 at JPMorgan

Wed, 21 Oct 2026 06:53:26 -0400

JPMorgan analyst Joseph Cardoso lowered the price target on Corning (NYSE: GLW) to $165.00 (from $170.00) while maintaining a Neutral rating.

Lumentum, Astera Labs, Corning demo optical AI rack link

Mon, 12 Oct 2026 06:02:37 -0400

Lumentum Holdings (NASDAQ: LITE), Astera Labs (NASDAQ: ALAB), and Corning Incorporated (NYSE: GLW) announced a joint demonstration of PCIe-over-optics connectivity for AI rack-scale architectures at the 2026 OCP Global Summit in San Jose, California, running October 12–15.

The rack-level demonstration combines Astera Labs' Scorpio Smart Fabric Switch, Lumentum's 1060 nm VCSEL-based optical interconnect platform, and Corning multimode fiber connectivity. It is on display at Astera Labs booth #B34.

The proof-of-concept system is designed to demonstrate multiple 32 Gb/s NRZ optical channels over Corning multimode fiber and an error-free PCIe-5 link. The optical interconnect uses high-density VCSEL and photodetector arrays with two-dimensional arrays

Lumentum, Astera Labs, Corning demo optical AI rack link

Mon, 12 Oct 2026 06:02:37 -0400

Lumentum, Astera Labs, Corning demo optical AI rack link

Mon, 12 Oct 2026 06:02:37 -0400

Lumentum, Astera Labs, Corning demo optical AI rack link

Mon, 12 Oct 2026 06:02:37 -0400

Lumentum, Astera Labs, Corning demo optical AI rack link

Mon, 12 Oct 2026 06:02:37 -0400

Lumentum, Astera Labs, Corning demo optical AI rack link

Mon, 12 Oct 2026 06:02:37 -0400

Lumentum, Astera Labs, and Corning to Demonstrate 1060 nm VCSEL-Based PCIe over Optics for AI Rack-Scale Connectivity at the 2026 OCP Global Summit

Mon, 12 Oct 2026 06:00:00 -0400

Joint rack-level demonstration combines Astera Labs Scorpio Smart Fabric Switch, Lumentum high-density VCSEL optical interconnect platform, and Corning multimode fiber connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--

Lumentum Holdings Inc. (NASDAQ: LITE), Astera Labs, Inc. (NASDAQ: ALAB), and Corning Incorporated (NYSE: GLW) today announced a joint demonstration of PCIe-over-optics connectivity for AI rack-scale architectures at the 2026 OCP Global Summit in San Jose, California. The rack-level demonstration combines an Astera Labs Scorpio Smart Fabric Switch with Lumentum's 1060 nm VCSEL-based optical interconnect platform and Corning multimode fiber connectivity. The demonstration will be available at Astera Labs booth #B34

Lumentum, Astera Labs, and Corning to Demonstrate 1060 nm VCSEL-Based PCIe over Optics for AI Rack-Scale Connectivity at the 2026 OCP Global Summit

Mon, 12 Oct 2026 06:00:00 -0400

Joint rack-level demonstration combines Astera Labs Scorpio Smart Fabric Switch, Lumentum high-density VCSEL optical interconnect platform, and Corning multimode fiber connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--

Lumentum, Astera Labs, and Corning to Demonstrate 1060 nm VCSEL-Based PCIe over Optics for AI Rack-Scale Connectivity at the 2026 OCP Global Summit

Mon, 12 Oct 2026 06:00:00 -0400

Joint rack-level demonstration combines Astera Labs Scorpio Smart Fabric Switch, Lumentum high-density VCSEL optical interconnect platform, and Corning multimode fiber connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--

Lumentum, Astera Labs, and Corning to Demonstrate 1060 nm VCSEL-Based PCIe over Optics for AI Rack-Scale Connectivity at the 2026 OCP Global Summit

Mon, 12 Oct 2026 06:00:00 -0400

Joint rack-level demonstration combines Astera Labs Scorpio Smart Fabric Switch, Lumentum high-density VCSEL optical interconnect platform, and Corning multimode fiber connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--

Lumentum, Astera Labs, and Corning to Demonstrate 1060 nm VCSEL-Based PCIe over Optics for AI Rack-Scale Connectivity at the 2026 OCP Global Summit

Mon, 12 Oct 2026 06:00:00 -0400

Joint rack-level demonstration combines Astera Labs Scorpio Smart Fabric Switch, Lumentum high-density VCSEL optical interconnect platform, and Corning multimode fiber connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--

Lumentum, Astera Labs, and Corning to Demonstrate 1060 nm VCSEL-Based PCIe over Optics for AI Rack-Scale Connectivity at the 2026 OCP Global Summit

Mon, 12 Oct 2026 06:00:00 -0400

Joint rack-level demonstration combines Astera Labs Scorpio Smart Fabric Switch, Lumentum high-density VCSEL optical interconnect platform, and Corning multimode fiber connectivity

SAN JOSE, Calif.--(BUSINESS WIRE)--

Amazon targets Apple with high-end Alexa tablets featuring Google Play apps

Thu, 08 Oct 2026 10:19:58 -0400

Investing.com -- Amazon.com Inc (NASDAQ:AMZN) introduced a redesigned hardware portfolio on Thursday, unveiling three new tablets that integrate Google's (NASDAQ:GOOGL) Play Store app suite and feature built-in artificial intelligence through its Alexa+ engine. The lineup marks a distinct strategic pivot for the Seattle-based e-commerce giant, which is retiring its low-cost Fire brand in favor of premium hardware aimed at directly challenging Apple Inc (NASDAQ:AAPL) and Samsung Electronics Co Ltd (KS:005930).