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Hewlett Packard Enterprise, Coherent and Amphenol are in bases as funds load up. Eli Lilly is also among big money's favorites.

A Taipei supply report on indium phosphide just sent shockwaves through the optics sector, and the institutional money that quietly positioned ahead of Monday's session suggests this squeeze may have much further to run.

After falling short last week, the chip stock benchmark is making another run at a new bull market. The PHLX Semiconductor Index was up 1.7% to 12,630.66 on Monday. It needs to close above 12,536.99 to exit its bear market after 21 days and begin a new bull market.

Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, expects to launch four single-stock leveraged ETFs on Tuesday, August 18. AXTQ will complement Tradr's AXTX, which seeks 2X long exposure on AXTI, while COHQ will complement COHX, which seeks 2X long exposure to COHR.

Chips and memory stocks are catching a bid at the start of what could be a quiet week for the market.

Materials and photonics company Coherent (NYSE:COHR) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 33.7% year on year to $2.05 billion. On top of that, next quarter’s revenue guidance ($2.3 billion at the midpoint) was surprisingly good and 7.4% above what analysts were expecting. Its non-GAAP profit of $1.74 per share was 7.6% above analysts’ consensus estimates.

Nvidia’s latest investments could give the chipmaker an even bigger stake in the infrastructure boom powering artificial intelligence.

Shares of optical technology leaders Lumentum Holdings Inc. (NASDAQ:LITE) and Coherent Corp. (NYSE:COHR) experienced some action after the quarterly reports. During the August 12 episode of CNBC’s Mad Money, Jim Cramer highlighted the short-term disconnect between market trading dynamics and business fundamentals in the optical hardware space. He noted: Sometimes, even the best stocks get […]

Shares of materials and photonics company Coherent (NYSE:COHR) jumped 8.8% in the afternoon session after a strong earnings report and positive outlook from rival Lumentum Holdings boosted sentiment for the optical networking equipment sector. Lumentum, a key player in the photonics industry, delivered fiscal fourth-quarter revenue and earnings that surpassed Wall Street's forecasts and issued a stronger-than-expected sales forecast for the upcoming quarter. The upbeat results reinforced expecta

Optics stocks are surging into the weekend with no confirmed catalyst behind the move, while Broadcom sells off sharply even as the broader market hits record highs. The divergence points to a trade worth understanding before Monday.

Applied Optoelectronics' datacenter and CATV growth, manufacturing expansion, and product innovation are fueling momentum against LITE and COHR.

The stock market cleared a tight range, with the S&P 500 and Russell 2000 hitting new highs. Lumentum, Cisco, Super Micro, Sandisk were key movers.

Index funds may be forced to buy nearly three times Reddit's average daily trading volume after its S&P 500 announcement, but a look at the last twelve additions to the benchmark tells a very different story about what happens next.

Coherent has significantly outperformed the broader market, while analysts remain strongly optimistic about its future growth prospects.

The gain was set before the results crossed, and its optical peers rose with it.

The S&P 500 hit a new high amid lower oil prices. Workday and Sandisk lifted software and memory plays. Applied Materials fell late on earnings.

Coherent recovered from an early decline as accelerating data-center sales and stronger margins reinforced its role in AI connectivity.

A single quote from Lumentum's CEO reveals just how staggering the AI networking buildout has become, and it reframes why a handful of optical companies that spent a decade going nowhere are now posting the kind of share gains that make investors question everything they thought they knew about this space.

Explosive demand is growing faster than profitability can follow

Two optics companies beat earnings estimates and watched their stocks crater while rivals selling into the exact same AI demand surge went flying in the opposite direction. The divergence comes down to something buried in the cash flow disclosures that most headlines missed.

Coherent shares fall despite record revenue as investors weigh massive growth spending

Copper cables are choking AI clusters, and two optical companies just reported blowout quarters solving that problem in completely opposite ways. One bets on owning every layer of the stack, the other retreats to the single ingredient nobody else can replicate.

The latest wave of furious chip stock buying could put the semiconductor benchmark into bull market territory. The PHLX Semiconductor Sector, or SOX, was up 2.2% to 12,667.45. A bear market begins when an index falls 20% from a recent high.

Coherent's (COHR) next catalyst for its stock is more clarity on the orders and timing for its Near-

Analysts at Needham, Raymond James, Rosenblatt, Northland and B. Riley all raised their price targets on Coherent, with Rosenblatt setting the highest target at $500.

Claims Rise Above Estimates

Pre-Markets in Green on Soft PPI, Falling Oil Prices and Bond Yields

Coherent (NYSE: COHR) reported fourth quarter results that exceeded expectations, supported by strong AI infrastructure demand in its data center optical networking business. The company issued an upbeat outlook for the first quarter, citing continued AI driven demand for its networking solutions. Nvidia committed a US$2b investment to expand Coherent's research, manufacturing, and operations capabilities as part of a wider partnership. This combination of stronger AI infrastructure demand...

COHR is accelerating AI optics capacity, with faster 1.6T and 6-inch InP ramps, new revenue streams and fiscal 2027 demand essentially booked.

Jim Cramer took a hard pass on one buzzy photonics name while steering investors toward two stocks already hauling in NVIDIA investment and posting triple-digit gains. Find out which companies made his short list and why their order books tell a very different story.