Coherent Surges 11.68% as US AI Hardware Stocks Rally Broadly

US AI hardware equities rose collectively, led by Coherent's 11.68% gain and Marvell's 8.36% jump. The Philadelphia Semiconductor Index climbed 3.63%, reflecting broad sector strength.

Woofun AI data shows that US AI hardware stocks experienced a collective rally, with the Philadelphia Semiconductor Index increasing by 3.63%. Coherent led the gains with an 11.68% rise, followed by Marvell Technology at 8.36% and Lumentum at 8.29%. Other notable movers included Arm Holdings up 6.25%, SK Hynix up 4.79%, and SanDisk up 4.97%. Nvidia gained 2.29%, TSMC rose 1.73%, and Broadcom advanced 2.57%. Intel climbed 3.97%, Micron Technology rose 3.87%, and Advanced Micro Devices increased 3.78%. ASML was up 3.07%, Lam Research rose 4.41%, Qualcomm gained 2.96%, Western Digital increased 3.18%, and Seagate Technology rose 4.63%.