Jim Cramer's Charitable Trust sells 135 Corning shares, cuts AI exposure amid regulatory headwinds

Published Aug 25, 03:26 PM UTC

On August 25, 2026, Jim Cramer's Charitable Trust sold 135 shares of Corning (GLW) at approximately $148 each, reducing its portfolio weighting from 2% to 1.5%. This is the second sale in two days aimed at reducing exposure to AI infrastructure stocks, following a similar move on Broadcom (AVGO) on Monday. The decision is driven by a shift in stance from Texas Governor Greg Abbott and Pennsylvania Governor Josh Shapiro, who have adopted a harder line against data center developers, citing concerns over rapid expansion and speculative activity. Abbott stated that companies moving too fast have 'dug their own grave,' while Shapiro issued an executive order requiring stricter construction standards and disclosures. The article notes that this harsh rhetoric is expected to persist until after the midterm elections, creating a speed bump for data center buildout. The Corning sale realizes a gain of roughly 74% on shares purchased in October 2025.