WS #12909
Corning's Q2 revenue forecast below consensus (-18% stock drop) drags down Marvell, Lumentum, AXT, Coherent, amplifying AI hardware selloff. Apple tops $5 trillion valuation for first time, driven by lack of huge AI spending and safe-haven demand amid chip selloff.
Corning earnings miss triggers optical/AI rout
Corning's Q2 revenue forecast below consensus (-18% stock drop) drags down Marvell, Lumentum, AXT, Coherent, amplifying AI hardware selloff.
Apple tops $5 trillion valuation for first time, driven by lack of huge AI spending and safe-haven demand amid chip selloff.