On June 8, POET Technologies rose 8.33% in regular trading, trading at $12.8999/share, with trading volume of $133 million.

On the news front, the semiconductor and optical communications sectors staged a collective rebound following two consecutive trading days of sharp declines. Within the sector, Marvell Technology gained 11.85%, Intel rose 10.5%, Micron Technology advanced 8.58%, Advanced Micro Devices climbed 4.42%, and NVIDIA edged up 1.3%, reflecting broad sector-wide buying momentum.

The prior selloff was triggered by Ciena's weaker-than-expected revenue guidance and Broadcom's post-earnings decline, which had dragged AI-related and optical communication stocks sharply lower. POET had retreated over 20% from its recent high of $15.33, and the oversold technical condition combined with the broader sector recovery attracted capital inflows for a technical rebound.

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