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Corning's sales beat expectations last quarter, and it will expand its Harrodsburg plant to make glass for Apple.

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Corning's sales rose 19% and profit per share rose 36%, and it forecast $5.2 billion to $5.3 billion in fourth-quarter sales. Its planned global Apple glass role supports growth despite solar start-up costs and consumer-device pressure.

GLW · Corning Incorporated

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The AI's read

The planned global role as the exclusive cover-glass maker for iPhones and Apple Watches could bring Corning more business by the end of 2026. AI-driven optical demand adds another source of growth. Solar ramp-up costs and pressure in consumer-device markets remain concerns, but the results and company forecast point more strongly toward growth.

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