🟢 Coherent is trading 10% up today as investors rotate back into AI infrastructure and photonics

Coherent is trading about 10% up now at $289.26 as investors rotate back into AI infrastructure and photonics names after a recent pullback.

• The move extends a rebound that began in late July, with buyers returning to key optical networking and cloud hardware suppliers.
• The stock is showing strength even as the broader semiconductor sector remains under pressure.