Are 5G stocks suitable for long-term investment?

Investors with multiyear investing horizons would be wise to consider 5G stocks since global 5G subscriptions are projected to rise steadily through 2030 -- and likely beyond.

How do 5G stocks differ from traditional telecom stocks?

5G stocks have a lot in common with traditional telecom stocks since they're facilitating the development of 5G networks, and they represent a large part of their businesses.

What company has the largest 5G network?

According to Statista, T-Mobile has the largest 5G coverage of any U.S carrier.

Do 5G stocks pay dividends?

Yes, many 5G stocks pay dividends. As of mid-March 2026, Verizon had a forward dividend yield of roughly 5.5% and AT&T was at 3.9%. REITS like American Tower (3.6%) and Crown Castle (5.0%) also offer attractive dividend yields.

Are there ETFs that focus on 5G technology?

Many ETFs that have concentrated exposure to telecom stocks also provide exposure to 5G. The Vanguard Communication Services ETF is one example.

What industries benefit most from 5G adoption?

Numerous businesses are finding it advantageous to adopt 5G technology. From manufacturing, where 5G technology helps facilitate smart factories, to healthcare, which relies on 5G to support telemedicine, 5G technology has demonstrated incredible value for a wide swath of industries.

Are there small-cap 5G stocks worth investing in?

While not as plentiful as large-cap stocks, there are some small-cap 5G stocks worth considering, such as Qorvo (NASDAQ:QRVO), a developer of RF components and filters that provide 5G connectivity.

12 Best 5G Stocks for 2026 and How to Invest

By Scott Levine – Updated Jul 20, 2026 at 1:57 PM EST | Fact-checked by Parker Hicks

Key Points

Global 5G subscriptions reached 2.9 billion by end of 2025, projected to hit 6.3 billion by 2030.
Investors should focus on companies providing 5G infrastructure, equipment, and technology.
Semiconductor firms, infrastructure builders, and REITs are key for investors targeting 5G-related growth.

5G stocks provide exposure to companies that develop, manufacture, or provide the infrastructure, equipment, software, and services necessary for fifth-generation (5G) wireless technology networks. Rapid construction of the 5G mobile network will continue in 2026.

According to mobile infrastructure provider Ericsson (ERIC -0.78%), global 5G subscriptions totaled about 2.9 billion at the end of 2025 and are projected to climb to 6.3 billion (about 67% of all mobile subscriptions) in 2030.

Loading paragraph...

A graphic showing three major industries in 5g tech, including semiconductors, equipment and infrastructure, and real estate. — Image source: The Motley Fool.

Loading image...

This massive technology rollout will take years to complete, and as consumers and businesses upgrade smartphones and other devices that connect to 5G networks, the upgrade cycle is a top investment theme for 2026 and beyond.

The top 5G stocks to buy in 2026

Mobile providers, such as T-Mobile (TMUS -0.38%) and rivals Verizon (VZ +1.98%) and AT&T (T +2.67%), are all great options for investing in 5G. However, investors seeking higher-growth exposure to 5G should focus on companies providing infrastructure, equipment, and technology. Semiconductor companies, manufacturers of mobile tech equipment and infrastructure, and real estate asset holders are some of the best-positioned stocks to benefit from the proliferation of 5G.

Best 5G chip stocks

The basic building blocks for 5G are semiconductors -- the electronics that process data and execute commands in a computing system. These companies provide the chips that make 5G work. Top chip companies include:

Loading paragraph...

Ticker Information Table
Name and ticker	Current price	Market capMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.	Dividend yield
Broadcom (NASDAQ:AVGO)	$391.32	$1.8 trillion	0.66%
Qualcomm (NASDAQ:QCOM)	$177.28	$182.9 billion	2.07%
Marvell Technology (NASDAQ:MRVL)	$212.35	$182.1 billion	0.12%
Advanced Micro Devices (NASDAQ:AMD)	$554.75	$887.7 billion	0.00%
Nvidia (NASDAQ:NVDA)	$212.12	$5.0 trillion	0.14%

Data as of Jul 22, 2026. Showing 5 of 5 total entries.

Loading ticker_table...

1. Broadcom

Loading paragraph...

NASDAQ: AVGO

Broadcom

Today's Change

(1.25%) $4.82

Current Price

$391.32

Key Data Points

Market Cap

$1.8T

Day's Range

$380.14 - $392.69

52wk Range

$273.00 - $495.00

Volume

205K

Avg Vol

26.2M

Gross Margin

65.66%

Dividend Yield

0.66%

Loading company_card...

Chip design giant Broadcom (AVGO +1.39%) is a top name in 5G. Its circuitry designs can be found across the mobile network ecosystem. Included in this list of equipment are base stations that create wireless signals and network infrastructure that serves as the backbone of the internet. Broadcom also designs components that connect smartphones and other devices to wireless signals.

In recent years, Broadcom has made several acquisitions to expand its infrastructure management software operations. The segment assists customers with monitoring and securing their networks and cloud computing assets.

This has boosted the company's profit margins, as the software is often packaged with network hardware. Broadcom's free-cash-flow generation is incredible. In the second quarter of fiscal 2026, Broadcom reported $10.3 billion in free cash flow, a 60% increase over the same period in fiscal 2025.

With its 2023 acquisition of cloud and networking hardware giant VMware for $69 billion -- one of the largest acquisitions so far this decade -- Broadcom has grown into a powerhouse of networking component design, spanning cloud computing, 5G, and infrastructure management software.

Loading paragraph...

2. Qualcomm

Loading paragraph...

NASDAQ: QCOM

Qualcomm

Today's Change

(2.18%) $3.78

Current Price

$177.28

Key Data Points

Market Cap

$183B

Day's Range

$170.77 - $178.65

52wk Range

$121.99 - $259.92

Volume

144.1K

Avg Vol

23.6M

Gross Margin

54.80%

Dividend Yield

2.07%

Loading company_card...

Qualcomm's (QCOM +2.09%) product portfolio includes chips that enable 5G technology. Qualcomm has profited from the smartphone boom since the early 2000s by focusing on the tech behind 3G and 4G mobile networks. However, 5G is broadening the mobile chip designer's horizons and opening up opportunities in IoT devices, industrial equipment, new smartphones, cars, and even the modems that make up the 5G network.

The smartphone industry has matured, and unit sales no longer reliably post double-digit percentage growth. However, the 5G device upgrade boom is lifting Qualcomm's sales higher again. In addition, the automotive market is providing another source of growth. The company projects strong growth in the 5G market for automotive applications.

In its fiscal 2025 Form 10-K, Qualcomm cites research that finds "68% of new vehicles produced in 2030 are projected to have embedded cellular connectivity, with 48% of new vehicles featuring 5G connectivity compared to 21% in 2025." The company has ample cash -- about $5.4 billion at the end of Q2 2026 -- on its balance sheet to drive innovation in hardware, and it has consistently paid a dividend for almost two decades.

3. Marvell Technology Group

Loading paragraph...

NASDAQ: MRVL

Marvell Technology

Today's Change

(2.11%) $4.39

Current Price

$212.35

Key Data Points

Market Cap

$182B

Day's Range

$201.15 - $214.89

52wk Range

$61.44 - $329.88

Volume

208.3K

Avg Vol

42.1M

Gross Margin

50.64%

Dividend Yield

0.12%

Loading company_card...

Marvell Technology Group (MRVL +2.15%) has long been a leader in developing data processing units (DPUs). Its chips are instrumental in moving large amounts of digital information in networking equipment and data centers. As mobile networks are increasingly used in enterprise applications, 5G has been a natural fit for Marvell's silicon portfolio.

To broaden its exposure to 5G, the cloud, and other business solutions, Marvell acquired Inphi and Innovium in 2021 and Tanzanite in 2022. The designers of fiber-optic and network-switching systems build on Marvell's existing DPU technology. The company's data centers business provides the lion's share of revenue (76% in Q1 2027), but as 5G technology advances and network deployment increases across markets around the globe, Marvell has a clear path to fast, sustained growth for years to come.

4. Advanced Micro Devices

Loading paragraph...

NASDAQ: AMD

Advanced Micro Devices

Today's Change

(1.90%) $10.32

Current Price

$554.75

Key Data Points

Market Cap

$888B

Day's Range

$526.88 - $558.30

52wk Range

$149.22 - $584.73

Volume

353.3K

Avg Vol

35.4M

Gross Margin

47.09%

Loading company_card...

Advanced Micro Devices (AMD +2.04%) makes this list due to its early 2022 acquisition of Xilinx -- the industry leader in field-programmable gate array (FPGA) chips. FPGA chips can be reprogrammed and reconfigured at the hardware level even after they've been built. As new 5G hardware is developed, the adaptability of FPGA chips makes them ideal for building the basic equipment to deploy 5G technology.

The merger gives AMD access to a best-in-class research and development (R&D) department. Xilinx will also improve AMD's profitability since Xilinx's profit margins are far higher than those of some of the traditional AMD chips used in personal computers and data centers.

AMD remains at the forefront of 5G technology with its ZynUltraScale+ RFSoC (Radio Frequency System-on-Chip), which the company says enables "a flexible solution that is high performance, power-efficient, and cost-effective."

5. Nvidia

Loading paragraph...

NASDAQ: NVDA

Nvidia

Today's Change

(2.33%) $4.83

Current Price

$212.12

Key Data Points

Market Cap

$5.0T

Day's Range

$204.99 - $213.54

52wk Range

$164.07 - $236.54

Volume

2.4M

Avg Vol

156.2M

Gross Margin

74.15%

Dividend Yield

0.14%

Loading company_card...

Nvidia (NVDA +2.31%) stock is popular among tech investors as the company pioneered the graphics processing unit (GPU), which is most commonly used in high-end video games. However, GPUs are also being used for other applications, such as artificial intelligence (AI), self-driving car development, and 5G.

5G networks enable faster download speeds and can handle higher traffic and intelligently route network signals where they're needed most. Therefore, high-end GPUs are ideal for this task. Telecom companies and equipment makers are using Nvidia's GPUs, and 5G deployment is likely to increase the need for GPUs to operate cloud-based video games streamed over networks.

In late 2024, for example, Nvidia and Verizon announced that they had collaborated to develop a solution that enables various AI applications to run on Verizon's 5G private network via private Mobile Edge Compute. Already a huge enterprise, Nvidia is finding a potentially gigantic new market in 5G.

Nvidia is a founding member of the AI-RAN Alliance, which aims to integrate AI into cellular networks to further advance radio access network (RAN) technology and mobile networks.

Loading paragraph...

Best 5G equipment and infrastructure stocks

Beyond the basic chips needed to power 5G telecommunications, general-purpose equipment makers provide hardware that enables mobile networks. To reach businesses and consumers, 5G wireless signals require extensive equipment.

These companies have faced supply chain issues in recent years that have pressured growth rates and profit margins. However, they remain solid investments because they enable the construction of wireless networks and supporting infrastructure worldwide.

Loading paragraph...

Ticker Information Table
Name and ticker	Current price	Market capMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.	Dividend yield
Corning (NYSE:GLW)	$158.79	$139.8 billion	0.69%
Ciena (NYSE:CIEN)	$406.24	$57.9 billion	0.00%
Arista Networks (NYSE:ANET)	$176.12	$219.8 billion	0.00%
Nokia (NYSE:NOK)	$10.38	$59.5 billion	1.54%

Data as of Jul 22, 2026. Showing 4 of 4 total entries.

Loading ticker_table...

1. Corning

Loading paragraph...

NYSE: GLW

Corning

Today's Change

(-2.23%) $-3.62

Current Price

$158.79

Key Data Points

Market Cap

$140B

Day's Range

$156.47 - $161.43

52wk Range

$54.37 - $271.78

Volume

116.5K

Avg Vol

14.7M

Gross Margin

35.64%

Dividend Yield

0.69%

Loading company_card...

Before it's turned into a high-speed Wi-Fi signal, 5G data must travel over the wired portion of the internet, just like other electronic data. That's where fiber-optic cable comes in, and Corning (GLW -2.23%), the legacy glass and ceramics manufacturer, is a major supplier.

Even as they deploy new radio towers, many telecoms providing 5G service also need to add more high-speed cable to their networks. Corning also builds small-cell antennas and accompanying software -- core components of 5G systems used in office buildings and venues such as sports arenas to deliver wireless signals. Corning has been around for a long time, and it has a long history -- 19 consecutive years -- of paying a dividend to its shareholders.

Loading paragraph...

2. Ciena

Loading paragraph...

NYSE: CIEN

Ciena

Today's Change

(-0.61%) $-2.50

Current Price

$406.24

Key Data Points

Market Cap

$58B

Day's Range

$397.02 - $410.27

52wk Range

$84.38 - $637.51

Volume

62.7K

Avg Vol

2.7M

Gross Margin

40.49%

Loading company_card...

Ciena (CIEN -0.33%) is another company that sells fiber-optic equipment and network design services to communications companies. Ciena's profits from the expansion of 5G technology have enabled the company to increase cash reserves and repurchase stock. Along the way, it has developed new capabilities, including a software segment that helps telecoms manage their networks.

As organizations update their systems to support 5G, the company can provide the engineering design and materials needed to deploy next-generation mobility. After a sales slump early in the COVID-19 pandemic, Ciena is back in growth mode again. In the second quarter 2026, Ciena reported revenue $1.57 billion and adjusted earnings per share of $1.64, representing year-over-year growth of 40% and 290%, respectively.

It predicts its addressable market will expand by about $12 billion from 2023 to 2028, representing a compound annual growth rate of 20%.

3. Arista Networks

Loading paragraph...

NYSE: ANET

Arista Networks

Today's Change

(0.88%) $1.54

Current Price

$176.12

Key Data Points

Market Cap

$220B

Day's Range

$170.37 - $176.31

52wk Range

$111.00 - $189.82

Volume

40.6K

Avg Vol

9.8M

Gross Margin

63.54%

Loading company_card...

Data center and internet infrastructure company Arista Networks (ANET +0.70%) is an often-overlooked 5G stock. Because 5G carries massive amounts of data -- enabling ultra-high-definition video streaming or communications for network-connected vehicles -- data centers will play an increasingly important role in mobile network management.

Arista is a top equipment provider for data centers and internet infrastructure, with open-source hardware and network management and cybersecurity tools. Arista is well-positioned to benefit from the accompanying boom in cloud computing services as 5G further enhances mobile device capabilities.

4. Nokia

Loading paragraph...

NYSE: NOK

Nokia

Today's Change

(-2.35%) $-0.25

Current Price

$10.38

Key Data Points

Market Cap

$59B

Day's Range

$10.20 - $10.47

52wk Range

$4.00 - $17.45

Volume

2.4M

Avg Vol

114M

Gross Margin

43.47%

Dividend Yield

1.54%

Loading company_card...

While Nokia (NOK -2.35%) traces its roots back to 1865 when it was founded in Finland as a paper mill, today the company is at the forefront of communications infrastructure and services -- especially with respect to 5G. In its 2025 annual report, Nokia asserted itself as a leading global RAN supplier, delivering the fastest 5G in 15 of the 20 fastest 5G countries.

Nokia isn't resting on its laurels either. In October 2025, it announced that Nvidia plans to invest $1 billion in the company and also supply Nokia with AI-RAN products. This will help to ensure that Nokia's network remains at the forefront of next-generation AI-native mobile networks and AI networking infrastructure. Plus, it positions the company well for the eventual transition to 6G.

Best 5G real estate investments

5G isn't just the technology, a relatively large amount of real estate is required to function. Towers and other fixed assets are needed to broadcast 5G signals, and real estate investment trusts (REITs) such as American Tower, Crown Castle, and Digital Realty Trust are among the largest players in the sector. Besides slower but steady growth, REITs are also among the top income-generating investments in the 5G space.

Loading paragraph...

Ticker Information Table
Name and ticker	Current price	Market capMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.	Dividend yield
American Tower (NYSE:AMT)	$165.98	$76.1 billion	4.27%
Crown Castle (NYSE:CCI)	$77.61	$33.3 billion	5.58%
Digital Realty Trust (NYSE:DLR)	$179.91	$64.1 billion	2.72%

Data as of Jul 22, 2026. Showing 3 of 3 total entries.

Loading ticker_table...

1. American Tower

Loading paragraph...

NYSE: AMT

American Tower

Today's Change

(1.58%) $2.59

Current Price

$165.98

Key Data Points

Market Cap

$76B

Day's Range

$163.50 - $166.10

52wk Range

$160.06 - $234.33

Volume

52.6K

Avg Vol

3.2M

Gross Margin

54.86%

Dividend Yield

4.27%

Loading company_card...

Operating a portfolio of almost 150,000 communications sites worldwide, American Tower (AMT +1.64%) is one of the largest REITs and a top real estate company in tech. It primarily concerns itself with the land, buildings, and cell tower sites that are crucial to the operation of both mobile networks and internet infrastructure.

American Tower also establishes fiber-optic networks that connect 5G small cell sites to the rest of the internet. This is a critical service for mobile network operators as more consumers and businesses rely on a mobile service for their internet use.

2. Crown Castle

Loading paragraph...

NYSE: CCI

Crown Castle

Today's Change

(1.85%) $1.41

Current Price

$77.61

Key Data Points

Market Cap

$33B

Day's Range

$76.38 - $77.69

52wk Range

$73.75 - $115.76

Volume

720.6K

Avg Vol

Gross Margin

57.71%

Dividend Yield

5.58%

Loading company_card...

Crown Castle (CCI +1.85%) is much smaller than American Tower, but it's still a leading North American communications infrastructure property manager. After selling its fiber solutions and its small cell business in May 2026, Crown Castle now recognizes itself as the "only U.S. focused, large publicly traded pure-play tower company."

Some industries are growing faster than real estate. However, Crown Castle offers its shareholders the potential for income and growth as the 5G industry develops.

3. Digital Realty Trust

Loading paragraph...

NYSE: DLR

Digital Realty Trust

Today's Change

(0.34%) $0.60

Current Price

$179.91

Key Data Points

Market Cap

$64B

Day's Range

$178.52 - $180.51

52wk Range

$146.23 - $208.14

Volume

26.4K

Avg Vol

2.8M

Gross Margin

25.66%

Dividend Yield

2.72%

Loading company_card...

Digital Realty Trust (DLR +0.35%) is a top developer and acquirer of data centers, the basic computing units of the cloud computing industry. However, since there is overlap between cloud services and 5G, it's worth noting that Digital Realty's clients include telecommunications companies that are building the physical infrastructure to enable 5G.

Although their investments are primarily designed to generate income, all three REITs have seen their share prices increase significantly over the past decade. As mobility becomes increasingly important worldwide and data volumes continue to grow, demand for American Tower, Crown Castle, and Digital Realty Trust's real estate assets will rise.

How to invest in 5G stocks

Investing in 5G stocks is simple. The following steps will walk you through it:

Open your brokerage app: Log in to your brokerage account where you handle your investments. If you don't have one yet, take a look at our favorite brokers and trading platforms to find the right one for you.
Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Loading paragraph...

Benefits and risks of investing in 5G stocks

Those interested in gaining exposure to 5G stocks must keep in mind that it's critical to understand both the benefits and risks of investing in these stocks.

Benefits

5G network development will overlap with various items from automotive technology and Industrial Internet of Things (IoT) to video games, providing investing exposure to wide swaths of the global economy.
Investors can achieve portfolio diversification with 5G stocks.
Some 5G stocks also offer considerable passive income opportunities.

Risks

The rollout of 5G infrastructure may take longer than previously expected.
A more advanced technology may emerge that impedes 5G's growth.
Developing 5G infrastructure is a capital-intensive endeavor and may affect the profitability of companies that invest in spectrum licenses, towers, and equipment.

Methodology: How these stocks were chosen

For those interested in crafting a 5G-focused niche in their portfolios, a good approach is to pick up shares of companies with diverse exposure to the industry -- something these stocks all offer.

Starting with a leading semiconductor stock like Broadcom or Qualcomm is a great way to build 5G exposure. Identifying a leading mobile provider is a great next step that could lead investors to buy either Verizon stock or AT&T shares.

After that, investors will want to add an equipment or infrastructure stock. There are several routes to take, but some smart pickups might include Corning, Ciena, Arista, or Nokia. To complement these selections, a communications REIT -- such as American Tower, Crown Castle, or Digital Realty -- is a smart choice to round out 5G exposure, especially since they provide passive income.

The bottom line

While previous telecom network upgrades enabled the smartphone and mobility booms, 5G technology further entrenches digital technology in daily life. It overlaps with cloud computing, given that so many people now work from home.

5G is also unlocking new forms of entertainment, such as ultra-high-definition video, video game streaming, and virtual reality. Investors who are patient throughout the lengthy 5G deployment process may enjoy attractive long-term returns.

Loading paragraph...

Investing in 5G stocks FAQ

Loading faq...

About the Author

Scott Levine is a contributing Motley Fool stock market analyst covering energy, industrials, technology, and materials. He is also a high school English teacher and a small business owner. He holds a bachelor’s degree in English and creative writing from Binghamton University, a master’s degree in secondary education from Adelphi University, and an advanced certificate in school building leadership from CUNY Queens College. A crossword puzzle enthusiast, he has solved more than 3,100 New York Times puzzles with a 97% solve rate.

TMFProudMonkey

@TMFProudMonkey

Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, American Tower, Arista Networks, Broadcom, Ciena, Corning, Crown Castle, Digital Realty Trust, Marvell Technology, Nvidia, and Qualcomm. The Motley Fool recommends T-Mobile US and Verizon Communications. The Motley Fool has a disclosure policy.

12 Best 5G Stocks for 2026 and How to Invest

Key Points

The top 5G stocks to buy in 2026

Best 5G chip stocks

1. Broadcom

Key Data Points

2. Qualcomm

Key Data Points

3. Marvell Technology Group

Key Data Points

4. Advanced Micro Devices

Key Data Points

5. Nvidia

Key Data Points

Best 5G equipment and infrastructure stocks

1. Corning

Key Data Points

2. Ciena

Key Data Points

3. Arista Networks

Key Data Points

4. Nokia

Key Data Points

Best 5G real estate investments

1. American Tower

Key Data Points

2. Crown Castle

Key Data Points

3. Digital Realty Trust

Key Data Points

How to invest in 5G stocks

Benefits and risks of investing in 5G stocks

Benefits

Risks

Methodology: How these stocks were chosen

The bottom line

Related investing topics

3 Best Tech Stocks to Buy in 2026 and How to Invest

Best Media Stocks for 2026 and How to Invest

Best Video Game Stocks for 2026 and How to Invest

The Largest Communications Services Companies by Market Cap in July 2026

Investing in 5G stocks FAQ

Are 5G stocks suitable for long-term investment?

Are 5G stocks suitable for long-term investment?

How do 5G stocks differ from traditional telecom stocks?

How do 5G stocks differ from traditional telecom stocks?

What company has the largest 5G network?

What company has the largest 5G network?

Do 5G stocks pay dividends?

Do 5G stocks pay dividends?

Are there ETFs that focus on 5G technology?

Are there ETFs that focus on 5G technology?

What industries benefit most from 5G adoption?

What industries benefit most from 5G adoption?

Are there small-cap 5G stocks worth investing in?

Are there small-cap 5G stocks worth investing in?

About the Author

Read Next

Stocks Mentioned

Motley Fool Stock Advisor’s Latest Pick

Premium Investing Services

Investing in 5G stocks FAQ

Are 5G stocks suitable for long-term investment?

Are 5G stocks suitable for long-term investment?

How do 5G stocks differ from traditional telecom stocks?

How do 5G stocks differ from traditional telecom stocks?

What company has the largest 5G network?

What company has the largest 5G network?

Do 5G stocks pay dividends?

Do 5G stocks pay dividends?

Are there ETFs that focus on 5G technology?

Are there ETFs that focus on 5G technology?

What industries benefit most from 5G adoption?

What industries benefit most from 5G adoption?

Are there small-cap 5G stocks worth investing in?

Are there small-cap 5G stocks worth investing in?

1. Broadcom

2. Qualcomm

Best 5G equipment and infrastructure stocks

1. Corning