On June 12, COHERENT rose 3.07% in pre-market trading, trading at $373.24/share, with turnover of $13.84 million. The stock continues to recover from a severe sell-off triggered earlier this week by a SemiAnalysis research report that cast doubt on CPO commercialization timelines.

On the news front, the rebound extends a pattern of oversold recovery after COHERENT plunged over 11% on June 9 following the SemiAnalysis report, which argued CPO large-scale commercial deployment would be delayed to 2028-2029, significantly later than the market's prior expectation of full-scale ramp in 2027, citing bottlenecks including low optical engine yields, high co-packaged integration difficulty, and unfavorable system costs. NVIDIA executives publicly refuted the report, confirming CPO will proceed with planned production expansion and delivery in the second half, partially offsetting market panic. Sector peer Corning rose 1.71% in the same session, indicating broader sector stabilization.

On fundamentals, NVIDIA's $2 billion strategic investment agreement remains in execution, and demand for 1.6T optical modules continues to surge, with the long-term growth thesis 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.)