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Meet the Super Semiconductor Stock Crushing Nvidia With a 12-Month Return of 129%
The Motley Fool·
Corning, a 175-year-old glass manufacturer, has emerged as a key player in the AI boom by supplying fiber-optic cables for data centers. With a 12-month return of 129%, the stock significantly outperformed Nvidia's 8% return. The company secured multi-billion dollar deals with Meta and Amazon, plans to expand manufacturing capacity tenfold, and projects doubling revenue from $20B to $40B by 2030. While trading at a higher P/E ratio than Nvidia currently, analysts believe the stock could deliver strong long-term returns if the company executes on its growth plans.
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