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China tightens indium export checks as AI demand increases
Reuters57d agoneutral
China tightens indium export checks as AI demand increases

SINGAPORE, June 19 (Reuters) - China is stepping up scrutiny over exports of indium, leading some buyers to fear the niche metal, sought after for next-generation ‌data centers, may be added to the export control regime that has become ‌one of Beijing's most potent trade weapons. China produces nearly 70% of the world's indium, a byproduct of zinc refining mostly used ​in displays and solder but also the raw material for making indium phosphide, used to make high-speed optical chips for AI data

Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas
Associated Press60d agoneutral
Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas

Jensen Huang’s company Nvidia makes the computer chips that unleashed a revolution in artificial intelligence. Now he's wagering that an AI buildout can revive U.S. manufacturing, pushing past limits facing science and society. Nvidia is formally unveiling on Tuesday plans for a major upgrade to its AI infrastructure as part of its $2 billion partnership with the factory’s owner, Coherent.

Investing.com71d agoneutral
Investing.com’s stocks of the week

Investing.com -- Wall Street is set to cap off this week with a decline, as rate-sensitive technology stocks and chip names fall. We have also seen rising U.S. Treasury yields after a significantly stronger-than-expected May jobs report.

Investing.com74d agoneutral
Huang’s copper-vs-optics call sends optical stocks surging

Huang's remarks crystallized a hierarchy that Wall Street is now pricing in aggressively. "We should use copper as much as we can, for as long as we can, but copper has its limits," he said. "The right strategy is to scale up with copper as long as you can — after that you scale up further with optics, you scale out with optics and you scale across with optics. So you use optics wherever you must, you use copper wherever you can."

Coherent Corp. (COHR) Reports Q3 Fiscal 2026 Results
Insider Monkey82d agoneutral
Coherent Corp. (COHR) Reports Q3 Fiscal 2026 Results

Coherent Corp. (NYSE:COHR) is one of the 10 Best Performing Quantum Computing Stocks So Far in 2026. On May 6, Coherent Corp. (NYSE:COHR) reported Q3 fiscal 2026 results, posting revenue of $1.81 billion, rising 21% year over year and 27% on a pro forma basis, according to the company. Margins improved alongside growth as Coherent […]

How Nvidia Stock Can Hit $300 After Earnings
Barrons.com89d agoneutral
How Nvidia Stock Can Hit $300 After Earnings

Nvidia stock has lost some momentum recently, but analysts believe the chip maker can reassert its dominance in artificial-intelligence processors when fiscal first-quarter earnings arrive this week. D.A. Davidson analyst Gil Luria also raised his target price to $300, from $250.

Paging Dr. Copper — Heard on the Street Monday Recap
The Wall Street Journal95d agoneutral
Paging Dr. Copper — Heard on the Street Monday Recap

President Trump said the cease-fire was on “massive life support." The S&P 500 added 0.2% and the Nasdaq Composite rose 0.1%. The Dow Jones Industrial rose 95 points, or 0.2%. Shares of Lumentum Holdings led the S&P 500, surging more than 16%, with Coherent and Corning also up double-digits.

Paging Dr. Copper — Heard on the Street Recap
The Wall Street Journal96d agoneutral
Paging Dr. Copper — Heard on the Street Recap

President Trump said the cease-fire was on “massive life support." The S&P 500 added 0.2% and the Nasdaq Composite rose 0.1%. The Dow Jones Industrial rose 95 points, or 0.2%. Shares of Lumentum Holdings led the S&P 500, surging more than 16%, with Coherent and Corning also up double-digits.

Stocks Settle Higher on Strong Earnings
Barchart96d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Musk, Cook Set to Join Trump for Xi Summit, White House Says
Bloomberg96d agoneutral
Musk, Cook Set to Join Trump for Xi Summit, White House Says

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Coherent (COHR) Q3 2026 Earnings Transcript
Motley Fool100d agoneutral
Coherent (COHR) Q3 2026 Earnings Transcript

James Robert Anderson: Thank you, Paul, and thank you, everyone, for joining today's call. Coherent, Inc. is a global leader in photonic technology, which is foundational to the performance and scalability of AI data centers and critical to many important industrial applications.

Coherent (COHR) Q3 Earnings Match Estimates
Zacks101d agoneutral
Coherent (COHR) Q3 Earnings Match Estimates

Coherent (COHR) delivered earnings and revenue surprises of +0.24% and +1.46%, respectively, for the quarter ended March 2026. Do the numbers hold clues to what lies ahead for the stock?

First Lumentum, Now Coherent. Why Earnings Aren’t Boosting the AI Laser Stock.
Barrons.com101d agoneutral
First Lumentum, Now Coherent. Why Earnings Aren’t Boosting the AI Laser Stock.

Coherent reported quarterly earnings that were in-line with Wall Street’s expectations, with gross margins increasing slightly. The optical networking company is benefiting from the artificial intelligence data center boom—but shares fell anyway. Coherent posted adjusted earnings of $1.41 a share for the fiscal third-quarter, compared to 91 cents a year ago and Wall Street’s $1.40 a share prediction.