Corning shares surge 8.16% after hours on strong earnings growth and AI infrastructure partnerships.

Corning Inc. surged 8.16% in after-hours trading, driven by a combination of strong earnings growth, positive analyst sentiment, and strategic positioning in the AI infrastructure sector. Recent reports highlighted the company's 215% year-over-year earnings per share growth and 33% projected annual earnings growth over the next three years, which justified its elevated P/E ratio and attracted investor confidence. Additionally, Corning secured strategic partnerships enhancing its role in AI infrastructure, with its Optical Communications segment showing robust performance. The broader market rally, fueled by a rebound in tech stocks and AI-related capital expenditures, further amplified demand for Corning's electronic components. Institutional buying, including a stake increase by Optas, LLC, and a dividend hike announcement, also contributed to the momentum. These factors collectively positioned Corning as a beneficiary of AI-driven demand and reinforced investor optimism about its future growth prospects.