🔴 COHR is trading 4.7% down today as AI-chip enthusiasm cools amid broader tech pullback

COHR is trading 4.7% down at $388 in pre-market as the recent AI-driven rally loses steam.

• The decline follows a two-day rebound sparked by Micron’s strong earnings and positive sentiment in the semiconductor sector.
• There are no fresh company-specific headlines; the move aligns with a broader retreat in tech names and lower Nasdaq futures.
• Recent enthusiasm for AI-related chip stocks appears to be cooling after the sector's significant gains.