After a 100% Gain in 3 Months, We’re Trimming This AI Infrastructure Play
Shares of Corning ($GLW) reached another all-time high this week. The AI infrastructure play has gained 178% in the first half of 2026.
Corning has doubled since reaching our first recommended buy point, on March 30 (point A). At that time, the stock came into contact with its 50-day moving average (blue).
We recommended the stock again on a pullback to its 50-day MA in April (point B). A third test of that key indicator in June (point C) also proved to be a good entry point.
All three pullbacks to the 50-day MA can be considered higher lows within a bullish trend.
Apple, Amazon, Nvidia and Meta Platforms
Suppliers want to team up with the biggest and best names in the business, and this is an area where Corning has excelled in 2026. Corning’s roster of partners looks like an all-star team.
Earlier this month, Corning announced a deal with Amazon ($AMZN) to produce optical fiber for the online retail giant’s data centers and for Amazon Web Services (AWS). While the terms of the deal haven’t been released, it’s expected to provide Corning with billions in revenue over the next several years.
In May, Nvidia ($NVDA) announced an agreement that will result in the AI chipmaker investing up to $3.2 billion in Corning. Nvidia will help Corning increase its capacity to manufacture components by 50%.
Corning also recently announced an agreement with Meta Platforms ($META), which will use Corning’s fiber-optic technology for its data centers. That deal could be worth $6 billion.
The company also has a long-standing partnership with Apple ($AAPL), providing the durable glass found in iPhones and Watches.
Trimming the Position
Assuming an initial purchase of 100 shares at $127, the initial investment of $12,700 has grown to $25,500 as of Tuesday’s close.
If we close half of the position, or 50 shares, that would recoup our initial investment, while removing all risk from the trade. In the worst-case scenario, if the remaining 50 shares fell to $0, we’d break even on the overall position.
I feel that’s a bit too conservative.
On the other hand, if we close one-quarter of the position, or 25 shares, we can recoup half of our initial investment cost, while retaining three-quarters of the position. We can always sell additional shares later, hopefully at a higher price.
Bottom Line
Corning can trace its roots back to 1851, yet this name finds itself on the cutting edge of technology in 2026. We were fortunate to catch a big move in this stock.
By reducing our position size by a quarter, we can take advantage of further potential upside while limiting downside risk.
At the time of publication, Ponsi was long GLW, AAPL and NVDA.
