🟢 Coherent Inc is trading 4.3% up today as investors reassess AI-optics delay risks

Coherent Inc is trading at $371.35 (up 4.3%), staging a relief bounce after a sharp 11.4% decline on June 9.

• The previous selloff was triggered by reports from SemiAnalysis flagging potential delays in the adoption of co-packaged optics (CPO) technology, which impacted Coherent and its optical peers.
• Today's recovery suggests investors are reassessing the severity of AI-hardware delay risks amid otherwise mixed broader market conditions.
• The stock remains a focal point for AI infrastructure sentiment following the recent volatility in the optical networking sector.