By Janet H. Cho
Corning Inc. stock is on pace for a record high on Thursday. The 175-year-old glass manufacturer is increasingly seen as a big beneficiary of artificial intelligence-driven optical networking demand.
The stock is currently trading at $170.90, up 3.5% just after 1:30 p.m. Eastern time, and is on pace for a new all-time closing high, according to Dow Jones Market Data.
Shares are up six of the past seven days, and at this rate, it's also on pace for its largest percentage increase since Wednesday, when it rose 11.2%.
Corning makes the glass for notebook computers, desktop monitors, televisions, and other information display applications. It also provides products for the telecommunications industry, optical materials for the semiconductor industry and the scientific community, and polycrystalline silicon products and other technologies.
The AI data center boom has increased demand for fiberoptic connections, which Corning makes.
Shares have traded as high as $172.22 on Thursday, up 4.3%, and a new intraday record.
The stock is up 25% so far this month, 95% this year, and 309% over the past 12 months.
Write to Janet H. Cho at janet.cho@dowjones.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 09, 2026 13:45 ET (17:45 GMT)
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