Coherent Inc is trading 4.2% up at $444.85 in pre-market, extending a sharp rally driven by the company's critical role in the AI infrastructure supply chain.
- The stock surged 17.6% on June 2 following a bullish analyst initiation that highlighted the company as a key supplier of optical components for AI data centers.
- Investors continue to buy into the AI optics narrative, maintaining strong upward momentum as the market focuses on high-growth AI hardware suppliers.