$Corning(GLW)$ Looks like it's

$Corning(GLW)$ Looks like it's just profit taking and some rebalancing today. Could see it move back toward $250 by the end of the week.

Corning Crashes 13%! AI Optical Collateral Damage?

Corning plunged 13.6%, becoming one of the clearest casualties of Meta's cloud computing report, as markets feared that hyperscaler in-house AI infrastructure buildouts would crimp demand for data center fiber and connectivity components. Corning's decline outpaced many chip stocks, making it a defining name in today's selloff. With panic selling overriding the long-term optical infrastructure expansion thesis, is this 13.6% drop an overreaction, or an early warning that AI hardware demand has peaked?

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