Avestar Capital LLC purchased a new stake in shares of Corning Incorporated (NYSE: GLW) during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,055 shares of the electronics maker's stock, valued at approximately $415,000. A number of other institutional investors and hedge

Shares of glass maker Corning soared to a record high on Friday, as the supplier of a key component in data center networking equipment continued to ride a wave of AI enthusiasm.

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Corning Incorporated GLW and Universal Display Corporation OLED are key technology firms focusing on advanced display technologies. Corning is a leading innovator in the glass substrate industry.

Corning stock (NYSE: GLW) has surged 40% over the last month, fueled by optimism surrounding its role in building out the backbone of AI data centers. While this momentum might tempt investors to double down, a closer look at the AI infrastructure landscape suggests that Corning may not be the frontrunner many assume.

Public Sector Pension Investment Board raised its stake in shares of Corning Incorporated (NYSE: GLW) by 14.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 78,367 shares of the electronics maker's stock after buying an additional 10,135 shares during the period. Public Sector Pension

In the list of unlikely AI stocks, glassmaker Corning Inc. NYSE: GLW must be near the top. The company has close to two centuries of history making glass products and may be best known to the average consumer for its cook and bakeware.

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Cibc World Market Inc. lifted its holdings in Corning Incorporated (NYSE: GLW) by 15.1% in the undefined quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 101,925 shares of the electronics maker's stock after purchasing an additional 13,403 shares during the quarter. Cibc World Market

Atria Investments Inc trimmed its holdings in shares of Corning Incorporated (NYSE: GLW) by 14.5% in the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,972 shares of the electronics maker's stock after selling 14,078 shares during the quarter.