Photonics and optics stocks got a big boost Friday in the wake of strong earnings and amid anticipation of a potential setback for overseas competition.
Shares of Coherent COHR surged on Tuesday after a report said the Trump administration is drafting restrictions on imports of new Chinese data center components, a move that could benefit US optical networking suppliers as cloud providers seek alternative vendors. Coherent shares climbed as much as 12% in trading following the Reuters report.
SAXONBURG, Pa., July 13, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, has been awarded on TIME's list of America's Best Companies 2026.