Squawk on the Street Cramer's Morning Take: Corning 10/21/25
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Oct 21, 2025 Jim Cramer highlights how glass technology plays a crucial role in cooling AI data centers, emphasizing Corning's significance in this space. The discussion explores Corning's ties with Apple and advances in foldable glass. Jeff Marks shares insights on Corning's growth strategy and sales projections through 2026. The duo also touches on the company’s diverse markets and engineering capabilities, while revealing the CNBC Investing Club’s position in Corning ahead of an important earnings report. Tune in for a blend of finance and tech insights!
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Glass Is Vital For AI Data Centers
- Corning's glass is becoming critical for cooling and connectivity in modern AI data centers with much higher fiber needs than legacy systems.
- This shift positions Corning as a key supplier to hyperscale AI infrastructure and major device makers like Apple.
Fiber Demand And Business Diversification
- UBS noted AI data centers use four to six times more fiber than legacy cloud switches, boosting demand for optical glass.
- Corning's diverse end markets including life sciences, displays, and automotive reduce single-customer risk.
Steve Jobs' Request Cemented Corning's Role
- Jim Cramer recounts Steve Jobs asking Corning for indestructible glass and Corning delivering a lasting solution.
- That collaboration cemented Corning's long-term contract to supply cover glass for Apple devices.