Auxier Focus Fund on Corning Incorporated
Thesis
Corning is a key beneficiary of the shift in AI spending toward physical infrastructure. The fund highlights optical bottlenecks in data centres as a source of stronger earnings for Corning and notes that tech-facing industrial businesses are benefiting from the AI buildout. Auxier has invested alongside CEO Wendell Weeks for roughly 13 years and credits management with adapting manufacturing capacity to changing markets. The position combines a long management track record with exposure to essential connectivity infrastructure for data-centre growth.
“We met and invested with Corning’s CEO Wendell Weeks 13 years ago and he has been highly effective in adapting their manufacturing to evolving markets.”