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Coherent, a frontrunner in the optical module sector, witnessed its stock price climb nearly 3%, making it the second computing hardware stock—following Foxconn Industrial Internet—to achieve a total market value exceeding 1 trillion yuan. Since April 22 of the previous year, its stock has accumulated an impressive surge of over 900%. On the news front, Coherent’s financial report for the first quarter of 2026 revealed that its net profit attributable to the parent company soared to 5.735 billion yuan, marking a year-on-year increase of 262.28% and a quarter-on-quarter rise of 56.48%. As of the end of March, the company’s prepayments had surged to 1.488 billion yuan, representing a significant leap of 1009.48% from the end of December the previous year.
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