Optical communication stocks rallied broadly during regular trading on Thursday, September 11, with mainstream names posting solid gains across the board. Coherent (COHR.US) led the sector, climbing 5.71% to $309.90, after touching an intraday high of $311.83. AXT (AXTI.US) jumped 5.33% to $68.15, while Marvell Technology (MRVL.US) and Applied Optoelectronics (AAOI.US) both advanced roughly 4.5% to $237.14 and $107.92, respectively. Lumentum (LITE.US) rose 3.56% to $969.01, Corning (GLW.US) gained 3.08% to $168.14, and Nokia (NOK.US) climbed 3.13% to $10.95.
Leveraged ETFs tracking the sector showed amplified moves. LITX (LITX.US) surged 7.03% to $34.80, AAOX (AAOX.US) jumped 8.71% to $11.23, and MVLL (MVLL.US) advanced 8.95% to $29.53. The inverse ETF LITZ (LITZ.US) fell 6.88% to $6.50. No company-specific news drove the move; shares advanced in line with broader strength in the optical networking space as AI infrastructure demand continues to support the sector.