Shares of Corning (GLW), a beneficiary of the 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) boom, rose about 1% Tuesday after the specialty glass maker raised its longer-term and first-quarter outlooks.

Corning manufactures specialized glass and ceramic products including glass for smartphones and televisions to fiber optic cabling 澳洲幸运5开奖号码历史查询:solutions for data centers, which have seen a surge in demand as investment in AI has grown.🔯

The company said it now expects sales in the first quarter to exceed $3.6 billion and 澳洲幸运5开奖号码历史查询:earnings per share (EPS)  to “come in at 🤡the high end of the range of $0.48 to🌠 $0.52.” The new first-quarter sales outlook exceeds analyst expectations of $3.51 billion for the period, as reported by Visible Alpha.

Corning previously had said that it expects core sales to grow around 10% year-over-year to $3.6 billion, with core EPS rising about 30% to a range of 48 cents to 52 cents.

Corning also lifted its longer-term ta🌺rgets on Tuesday.

“Today, we upgraded our high-confidence Springboard plan to now add more than $4 billion in 澳洲幸运5开奖号码历史查询:annualized sales, and to achieve 澳洲幸运5开奖号码历史查询:operating margin 🦄of 20♍%, by the end of 2026,” CEO Wendell Weeks said.

Corning shareཧs are up 46% in the past 12 𓆉months.