US Stock Market Move | Earlier, GlassBridge technology was launched, and Corning Inc (GLW.US) rose more than 8% in early trading.

date
23:42 29/06/2026
avatar
GMT Eight
On Monday, Corning (GLW.US) rose over 8% in early trading, hitting a new all-time high and gaining 176% year-to-date.
On Monday, Corning Inc (GLW.US) rose over 8% in early trading, hitting a new historical high and accumulating a 176% increase for the year. In terms of news, on June 24, at the AI data center optical communication and interconnection technology conference in Seoul, Corning Inc officially released GlassBridge. This is a fiber-to-photon integrated circuit (PIC) connection platform based on wafer-level ion exchange (IOX) waveguides, which directly couples the optical fiber to the PIC, enhancing the optical fiber interface density and scalability through wafer-scale passive alignment, and is seen as an evolved alternative to iFAU (intelligent fiber array unit) in CPO architecture. Morgan Stanley pointed out that traditional FAUs experience a sharp increase in assembly complexity and limited scalability when the number of optical fibers significantly increases; GlassBridge offers a higher density, more scalable alternative path with wafer-level passive alignment, supplementing and potentially replacing existing FAU solutions.