Updated

Updated · CNBC · Sep 1

Cramer's Charitable Trust Exits Corning With 395-Share Sale as AI Stocks Lose Momentum

Updated

Updated · CNBC · Sep 1

Cramer's Charitable Trust Exits Corning With 395-Share Sale as AI Stocks Lose Momentum

1 articles · Updated · CNBC · Sep 1

$146 a share was the trust's exit price for its last 395 Corning shares, ending the position to cut exposure to AI-linked names.
A 67% year-to-date gain in Corning—versus about 12% for the S&P 500—left the stock exposed to profit-taking as the trust said the market is no longer rewarding strong AI news.
Nvidia's recent results sharpened that concern: the chipmaker projected 70% fiscal 2028 revenue growth against roughly 45% expected, yet the report failed to lift the broader AI group.
The sale locks in an average 52% gain on Corning shares bought between October 2025 and August 2026, while the stock moves to the trust's Bullpen for possible re-entry if sentiment or valuation improves.

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With Cramer abandoning Corning despite booming AI demand, is the market signaling a deeper collapse for infrastructure stocks?

Could Corning's overlooked solar business become the ultimate wildcard that makes early sellers regret locking in their AI profits?

If record AI earnings can no longer drive stock prices higher, what hidden sector is Wall Street quietly pivoting toward next?

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