Movement Alert｜COHERENT Overnight Decline 3.17%, Optical Communication Sector Pullback as Bearish CPO Research Report Continues to Weigh

Market Focus06-23 11:10

On June 23, COHERENT declined 3.17% overnight, trading at $412.8/share, with turnover of $9.5465 million.

On the news front, a bearish CPO research report published by SemiAnalysis on June 9 continues to ripple through the optical communication sector. The report argued that large-scale CPO commercial deployment has been delayed to 2028-2029, citing core bottlenecks including low optical engine yield rates, high co-packaging integration difficulty, and unfavorable system-level cost economics. Although NVIDIA executives publicly rebutted the timeline and JPMorgan maintained an Overweight rating, bull-bear divergence in the sector has intensified.

The stock had previously rallied over 7% intraday on June 22, fueled by catalysts including the groundbreaking ceremony for its Texas indium phosphide factory expansion — attended by NVIDIA CEO Jensen Huang — and a confirmed $50 million CHIPS Act subsidy. NVIDIA had previously invested $2 billion in Coherent with a long-term supply agreement. However, broader sector selling pressure dragged peers lower, with Corning falling 4.09% and Vishay Intertechnology declining 4.33%.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1149772450?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-23 11:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1149772450","market":"hk","top_or_hot":-1,"title":"Movement Alert｜COHERENT Overnight Decline 3.17%, Optical Communication Sector Pullback as Bearish CPO Research Report Continues to Weigh","media":"Market Focus","content":"<p><p>On June 23, COHERENT declined 3.17% overnight, trading at $412.8/share, with turnover of $9.5465 million.</p><p>On the news front, a bearish CPO research report published by SemiAnalysis on June 9 continues to ripple through the optical communication sector. The report argued that large-scale CPO commercial deployment has been delayed to 2028-2029, citing core bottlenecks including low optical engine yield rates, high co-packaging integration difficulty, and unfavorable system-level cost economics. Although NVIDIA executives publicly rebutted the timeline and JPMorgan maintained an Overweight rating, bull-bear divergence in the sector has intensified.</p><p>The stock had previously rallied over 7% intraday on June 22, fueled by catalysts including the groundbreaking ceremony for its Texas indium phosphide factory expansion — attended by NVIDIA CEO Jensen Huang — and a confirmed $50 million CHIPS Act subsidy. NVIDIA had previously invested $2 billion in Coherent with a long-term supply agreement. However, broader sector selling pressure dragged peers lower, with Corning falling 4.09% and Vishay Intertechnology declining 4.33%.</p><p>(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.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜COHERENT Overnight Decline 3.17%, Optical Communication Sector Pullback as Bearish CPO Research Report Continues to Weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜COHERENT Overnight Decline 3.17%, Optical Communication Sector Pullback as Bearish CPO Research Report Continues to Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-23 11:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 23, COHERENT declined 3.17% overnight, trading at $412.8/share, with turnover of $9.5465 million.</p><p>On the news front, a bearish CPO research report published by SemiAnalysis on June 9 continues to ripple through the optical communication sector. The report argued that large-scale CPO commercial deployment has been delayed to 2028-2029, citing core bottlenecks including low optical engine yield rates, high co-packaging integration difficulty, and unfavorable system-level cost economics. Although NVIDIA executives publicly rebutted the timeline and JPMorgan maintained an Overweight rating, bull-bear divergence in the sector has intensified.</p><p>The stock had previously rallied over 7% intraday on June 22, fueled by catalysts including the groundbreaking ceremony for its Texas indium phosphide factory expansion — attended by NVIDIA CEO Jensen Huang — and a confirmed $50 million CHIPS Act subsidy. NVIDIA had previously invested $2 billion in Coherent with a long-term supply agreement. However, broader sector selling pressure dragged peers lower, with Corning falling 4.09% and Vishay Intertechnology declining 4.33%.</p><p>(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.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COHR","symbol_name":"COHERENT","start_time":0,"source_url":"","article_id":"1149772450","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1149772450","pubTimestamp":1782184238,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 23, COHERENT declined 3.17% overnight, trading at $412.8/share, with turnover of $9.5465 million.On the news front, a bearish CPO research report published by SemiAnalysis on June 9 continues...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"COHR":"COHERENT"},"translate_title":"动向提示|相干隔夜跌3.17%光通信板块回调因看空CPO研报持续承压","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COHR":1},"content_text":"On June 23, COHERENT declined 3.17% overnight, trading at $412.8/share, with turnover of $9.5465 million.On the news front, a bearish CPO research report published by SemiAnalysis on June 9 continues to ripple through the optical communication sector. The report argued that large-scale CPO commercial deployment has been delayed to 2028-2029, citing core bottlenecks including low optical engine yield rates, high co-packaging integration difficulty, and unfavorable system-level cost economics. Although NVIDIA executives publicly rebutted the timeline and JPMorgan maintained an Overweight rating, bull-bear divergence in the sector has intensified.The stock had previously rallied over 7% intraday on June 22, fueled by catalysts including the groundbreaking ceremony for its Texas indium phosphide factory expansion — attended by NVIDIA CEO Jensen Huang — and a confirmed $50 million CHIPS Act subsidy. NVIDIA had previously invested $2 billion in Coherent with a long-term supply agreement. However, broader sector selling pressure dragged peers lower, with Corning falling 4.09% and Vishay Intertechnology declining 4.33%.(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.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1149772450","isCrawlerRequest":true}