On August 27, Coherent rose 4.24% in regular trading, trading at $301.06/share, with turnover of $255 million.

On the news front, NVIDIA released its quarterly earnings report after market close, with optimistic market expectations for AI chip demand and data center capital expenditure outlook continuing to catalyze the optical communications sector. Coherent, as a core supplier of AI data center optical interconnect solutions, previously reported fiscal Q4 revenue of $2.05 billion, representing 34% year-over-year growth, and projected that single-quarter revenue will surpass $3 billion for the first time. Additionally, the company recently announced the launch of its PhotonLink platform at the September ECOC exhibition and began customer sampling of 300mm high thermal conductivity silicon carbide substrates, expanding its product portfolio. At the sector level, peers including Corning and Vishay Intertechnology also gained, with the broader electronic components industry showing recovery momentum.

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