On June 12, COHERENT rose 3.21% in regular trading, trading at $375.1/share, with turnover of $426 million. The stock continued its technical rebound after being heavily sold off earlier in the week following a bearish CPO report from SemiAnalysis.

On the news front, the stock had plunged over 11% on June 9 after SemiAnalysis published a report arguing that CPO (Co-Packaged Optics) mass commercialization would be delayed to 2028-2029, well beyond the market's prior expectation of full-scale deployment in 2027. The report cited low optical engine yields, high co-packaging integration difficulty, and unfavorable system-level cost economics as core bottlenecks.

Countering the bearish narrative, NVIDIA's networking senior vice president publicly refuted the report, stating that CPO production and delivery would proceed as planned in the second half of the year. This statement effectively offset lingering market panic. Within the sector, Corning rose 0.82% on the same day, supporting broader stabilization.

On fundamentals, NVIDIA's $2 billion strategic investment agreement remains in execution, and demand for COHERENT's 1.6T optical transceivers continues to surge, with long-term growth logic unchanged.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)