Corning faces weakness in non‑optical segments as data-center business booms

Corning forecast second-quarter revenue below Wall Street estimates on Tuesday, as weakness in non-optical segments continues to pressure business despite strong demand for data center products.

Shares of the gorilla glass maker fell more than 5% in early trading.

Slower replacement cycles for electronics and cautious consumer spending amid persistent economic ‌uncertainty have ⁠pressured ⁠Corning’s business, offsetting gains in its optical communications segment.