Broadcom CEO Dampens Near-Term Optical Networking Outlook, Sending Corning Shares Down 5%
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Broadcom's CEO, Hock E. Tan, stated on a recent earnings call that the widespread shift from copper to optical fiber for 'scale-up' within AI data center racks is unlikely to occur this year or next, citing copper's advantages in latency, power, and cost. These comments directly impact Corning, a significant player in optical networking and a collaborator with Broadcom on co-packaged optics (CPO), a technology expected to benefit from AI data center growth. Corning's stock dropped 5% in premarket trading following these remarks, as the near-term outlook for a significant growth driver is now tempered. This news challenges the narrative that has seen Corning's shares climb 65% this year, positioning it as an AI boom winner. While analysts suggest CPO adoption is still 2-3 years away from meaningful inflection, the CEO's comments introduce near-term uncertainty for a previously strong growth catalyst.
في وقت هذا الإعلان، كان GLW يتداول عند ١٣٦٫٧٠ US$ في NYSE ضمن قطاع Technology، مع قيمة سوقية تقارب ١٢٤٫٣ مليار US$. تراوح نطاق التداول خلال 52 أسبوعًا بين ٣٧٫٣١ US$ و١٦٢٫١٠ US$. تم تقييم هذا الخبر على أنه ذو معنويات سوقية سلبية وبدرجة أهمية ٨ من 10. المصدر: Dow Jones Newswires.