$GLW Optical Sales Up 36%. Three Hyperscale Deals Signed = BUY!Corning IncBATS:GLWConnectmyCurrencyMost people think of Corning as a glass company. πͺ That framing is now dangerously out of date. Corning is the dominant supplier of optical fibre to AI data centres worldwide π and the AI infrastructure buildout is creating demand the company cannot fulfil fast enough. π₯ The smart money has already noticed. Now the weekly chart is giving the entry. π Q1 2026 core sales came in at $4.35 billion, up 18% year over year π, landing at the high end of guidance. This was the eighth consecutive quarter of year over year sales growth. π Optical Communications alone surged 36% to approximately $1.85 billion π₯ as hyperscalers and data centre operators continue to expand their networks at record pace. Core EPS hit $0.70, up 30% year over year. π° Net income grew 136% compared to Q1 2025. π€― Q2 2026 guidance calls for approximately $4.6 billion in revenue, up 14% year over year, with EPS growing approximately 25%. π The deal flow tells the real story. π€ Corning signed a multi year agreement worth up to $6 billion with Meta Platforms to supply optical fibre and connectivity solutions for AI data centres. π By Q1, two additional unnamed hyperscale customers had signed agreements of similar size and duration, each with guaranteed revenue commitments and capacity funding. π Then on May 6, Nvidia and Corning announced a multi year partnership to build three new optical manufacturing plants in North Carolina and Texas. πΊπΈ Nvidia backed the deal with $500 million in pre funded warrant investments π΅ and received warrants for up to 18 million GLW shares, potentially injecting $3.2 billion in cash if exercised. π The initiative is expected to increase Corning's US optical connectivity manufacturing capacity tenfold. β‘ Nvidia CEO Jensen Huang framed the partnership as the next phase of AI infrastructure expansion, beyond chips and into the optical systems connecting GPU clusters. π§ Corning's management raised their Springboard plan targets to $20 billion annualised revenue by end of 2026 π , $30 billion by end of 2028, and $40 billion by 2030. π― The 52 week range sits between $47.67 and $211.79. Mizuho has a $220 price target. π The analyst consensus is Buy across 15 firms with an average target of $197.67 and a high target of $230. π The weekly chart has pulled back from the 52 week high of $211.79 into a clean demand zone at the 0.618 Fibonacci retracement. π The setup is clean. The risk is defined. This is the entry. β π’ Buy Zone ~ $141.26 area (0.618 Fibonacci Weekly) Weekly demand zone with Fibonacci confluence. Price has retraced from all time highs into a level where institutional buyers are active. π° Entry: $141.26 π Stop: $131.87 (6.647% below entry) π― Target: $262.87 (86% upside from entry) π Risk/Reward Ratio: 12.95 π Next Earnings: 27 July 2026 π΅ Dividend: $0.28 per share, ex date 29 May 2026 The fundamentals are accelerating. π€ The partnerships are confirmed. π€ The weekly chart is giving the entry. Let price come to the zone and let the trade do the work. π β οΈ Not financial advice. Manage your risk.