Corning CEO Discusses Risk Management in Fiber Deals Amid AI Growth
Corning Incorporated (GLW) CEO Wendell Weeks emphasized risk-sharing strategies with major clients like Nvidia, Meta, and Amazon amid the AI boom. He highlighted that customers bear demand uncertainty while Corning focuses on R&D and production to avoid overcommitment. The company plans a 50% sales growth by 2028 driven by data center demand.
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Topics: AI CEO strategy data centers fiber optics