We recently published a list of 10 AI News and Ratings Too Important to Miss. In this article, we are going to take a look at where Corning Incorporated (NYSE:GLW) stands against other AI news and ratings too important to miss.
Artificial intelligence is rapidly evolving and is shaping industries and global competition. Companies are developing advanced models, governments are exploring policies to regulate AI, and concerns over security and innovation keep growing. As AI becomes more integrated into everyday life, discussions around its impact, ethical considerations, and future developments remain at the forefront.
OpenAI’s Vision for AI Agents and US Leadership in AI Development
Kevin Weil, OpenAI’s Chief Product Officer, discussed the company’s AI advancements and its increasing engagement with the U.S. government. He highlighted the evolution of AI from simply answering queries to actively performing tasks in the real world and said that the current year is significant for agents. OpenAI recently introduced “Operator,” an AI agent capable of web-based tasks such as ordering groceries and filling out forms, with more agent-driven tools set to launch soon.
Weil also addressed concerns over China’s DeepSeek AI and acknowledged its technological improvements but emphasized that AI should align with democratic values rather than authoritarian ones. He stated that AI competition extends beyond companies to a broader U.S. and China rivalry. OpenAI has accused DeepSeek of intellectual property theft, but Weil maintained that the company’s focus remains on developing the most advanced models and ensuring U.S. leadership in AI.
Regarding infrastructure, Weil pointed to OpenAI’s $500 billion Stargate initiative, which is aimed at expanding U.S. energy and semiconductor capabilities to support AI growth. He also highlighted new government partnerships, including ChatGPT Gov, which is a secure AI model for federal agencies.
On the topic of open-source competition, Weil talked about OpenAI’s dual approach, which includes staying ahead with increasingly advanced models and building practical AI products that improve efficiency. He also acknowledged SoftBank’s role as a key partner in OpenAI’s expansion, especially in AI infrastructure investments.
For this article, we selected AI stocks by reviewing news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).
A technician wearing protective glasses installing optical fibers and cables.
Corning Incorporated (NYSE:GLW)
Number of Hedge Fund Holders: 46
Corning Incorporated (NYSE:GLW) manufactures a wide range of products across display technologies, optical communications, specialty materials, environmental technologies, and life sciences
On January 30, HSBC upgraded Corning (NYSE:GLW) from Hold to Buy and raised its price target to $60 from $51. Analyst Stephen Bersey highlighted strong AI-driven demand in Corning’s optical business, with enterprise customers leading growth and signs of recovery in the carrier segment. The display segment is expected to remain stable due to price increases in late 2024 and favorable currency hedging for 2025. With improved visibility on main growth drivers and strong first-quarter 2025 guidance, HSBC sees potential for upward revisions at Corning’s upcoming investor meeting. The new price target is based on a P/E of 24x and a revised EPS forecast of $2.50.
Overall, GLW ranks 8th on our list of AI news and ratings too important to miss. While we acknowledge the potential of GLW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GLW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.