On September 11, Coherent rose 3.63% in pre-market trading, trading at approximately $303.97 per share, with turnover of $18.29 million.

On the news front, Goldman Sachs recently issued a major upward revision to its global optical module market forecast, projecting industry scale to reach approximately $67.7 billion, $131.4 billion, and $148.5 billion for the years spanning through 2028 — representing increases of 33%, 81%, and 115% respectively versus prior estimates. The core driver behind the revision is the ongoing upgrade of AI computing architectures, with accelerating demand for 1.6T and 3.2T high-speed optical modules fueled by large-scale AI rack deployment and rising cloud ASIC chip penetration. Additionally, Qualcomm and Amazon recently announced a multi-generational custom AI chip partnership encompassing 1.6T optical connectivity, further reinforcing the high-growth outlook for optical communications. The 27th China International Optoelectronic Exposition, where Coherent showcased its full-stack photonic solutions including 6.4T CPO and 12.8T XPO, has continued to boost market expectations for next-generation high-speed optical interconnect commercialization.

(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.)