Coherent is trading 11.1% up at $320.83 as investors pile into AI-linked optical and semiconductor names ahead of its August 13, 2026, earnings report.
- The move reflects growing conviction in the company’s role as a critical bottleneck supplier for AI data center connectivity.
- Sentiment is bolstered by reported U.S. plans to curb Chinese optical transceiver imports alongside a strong sector-wide semiconductor rally.