Corning Incorporated (NYSE:GLW) is one of the best multibagger stocks to invest in according to billionaires. On March 11, Corning Incorporated announced a collaboration with US Conec to become a licensee of PRIZM TMT optical ferrule technology. This move expands Corning’s portfolio of high-density optical connectivity solutions specifically designed for next-gen AI networks. The integration of this lens-based tech aims to support the development of larger and more efficient AI clusters by enabling higher fiber counts within the increasingly confined spaces of modern data centers.

The transition from traditional short-reach copper links to optical connections is driving a surge in fiber density, with requirements reaching thousands of fibers per server and switch rack. PRIZM TMT technology addresses these demands by utilizing precision-aligned microlenses instead of direct fiber-to-fiber contact. This expanded beam approach facilitates denser and more resilient optical networks, which are essential as AI infrastructure scales with new generations of chips and larger cluster sizes.

Photo by Negative Space on Pexels

By adopting this ferrule technology, Corning Incorporated (NYSE:GLW) intends to offer faster and more reliable installation while increasing resistance to contamination. These advancements are expected to reduce the total cost of ownership for data center operators managing demanding scale-up and scale-out AI deployments.

Corning Incorporated (NYSE:GLW) operates in optical communications, display, specialty materials, automotive, and life sciences businesses in the US, Canada, Mexico, Japan, Taiwan, China, South Korea, Germany, and internationally.

While we acknowledge the potential of GLW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. Follow Insider Monkey on Google News.