AI Infrastructure Beneficiaries See Market Cap Increase of 12 Trillion Won in One Day

Corning Inc. (NYSE: GLW) surged 7.56% on February 9, closing at $131.39 on the New York Stock Exchange. Trading volume topped 9.73 million shares, and its market capitalization climbed by roughly $9.2 billion in a single day to about $112.6 billion (₩146 trillion).

Corning’s stock has repeatedly hit all-time highs on the back of a long-term U.S. data-center fiber and cable supply agreement with Meta and growing expectations for AI infrastructure demand. Its IBD Composite Rating was raised to 96 on February 9, placing it among the market’s top growth stocks.

Headquartered in the U.S., Corning supplies specialty glass for smartphones and automobiles, optical fiber, and connectivity solutions. Thanks to its global leadership in strengthened glass for Apple devices and fiber-optic communications equipment for AI data centers, the company is being re-evaluated as a core player in AI infrastructure.