--- title: "U.S. Stock Market Midday Update: LWLG up 22.29% with no positive news? Funds are rushing to buy, driving volatility; further observation is needed" type: "News" locale: "en" url: "https://longbridge.com/en/news/288448996.md" description: "Lightwave Logic rose 22.29%; Coherent Corp. rose 17.88%, with a transaction volume of $2.093 billion; Corning rose 13.58%, with a transaction volume of $1.644 billion; Amphenol rose 0.47%, with a transaction volume of $563 million; Littelfuse rose 4.86%, with a market value of $12.3 billion" datetime: "2026-06-02T15:12:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288448996.md) - [en](https://longbridge.com/en/news/288448996.md) - [zh-HK](https://longbridge.com/zh-HK/news/288448996.md) --- # U.S. Stock Market Midday Update: LWLG up 22.29% with no positive news? Funds are rushing to buy, driving volatility; further observation is needed **U.S. Stock Market Midday Update** Lightwave Logic, up 22.29%, with increased trading volume and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Trading Volume in the Industry** Coherent Corp. up 17.88%. Based on recent key news: 1. On June 1, a comparison of technology routes showed that the total cost of the 800G silicon photonics solution is 21.6% lower than that of the EML solution, making it the mainstream choice for high-speed optical modules. Zhili Cube launched five core solutions covering the entire process from optical chips to optical modules, improving process efficiency and yield, and promoting the optical communication industry towards high precision, high efficiency, and low cost. This news drove Coherent's stock price up. 2. On June 2, JP Morgan analysts stated that the bottleneck in the artificial intelligence supply chain has become the most important investment theme in the current stock market, naming Coherent as one of the key players. Analysts pointed out that companies mastering supply bottlenecks will become the real winners in the AI cycle, with scarcity translating into substantial rewards, further driving Coherent's stock price up. 3. On May 31, Nvidia announced a $500 million investment in advanced optical interconnect technology and began expanding silicon photonics technology in its network platform and GPU interconnect technology. This move indicates strong demand in the optical communication market, further enhancing Coherent's market expectations. The AI supply chain bottleneck has become an investment theme, with strong demand for optical communication. Corning up 13.58%. Based on recent key news: 1. On June 1, BOE and Corning signed a memorandum of cooperation to layout glass substrates and optical interconnect business, driving Corning's stock price up. BOE A's performance is stable with an increase, ranking first in global LCD panel shipments. Corning has significant advantages in glass materials and semiconductor applications, and the cooperation is expected to explore market opportunities. 2. On May 31, Nvidia announced a $500 million investment in Corning's advanced optical interconnect technology to ensure that the supply chain can keep up with demand before the expansion of AI infrastructure. Nvidia also joined Ayar Labs' $500 million financing round, showing its emphasis on photonic technology. 3. On June 1, South Korea's JNTC completed the construction of a dedicated factory and entered the stage of providing customized samples, marking the first year of mass production verification for glass substrates. The cooperation between BOE and Corning promotes the glass substrate and optical interconnect business, showing a common direction among major players in the global chip industry chain. The semiconductor industry demand is strong, supply chains are tight, and cost pressures are increasing. Amphenol up 0.47%. Based on recent key news: 1. On June 1, Amphenol's stock price continued to rise under the strong demand for AI infrastructure. The company's first-quarter revenue reached a record $7.62 billion, a year-on-year increase of 58%; adjusted diluted earnings per share reached $1.06, a year-on-year increase of 68%. The IT data communication market performed particularly well, accounting for about 41% of total revenue, benefiting from accelerated investments in AI infrastructure and hyperscale data centers The revenue of the Communication Solutions Division reached $4.53 billion, a year-on-year increase of 88%, with an operating profit margin expanding by 320 basis points to 30.6%. The company's orders in the first quarter reached $9.4 billion, with an order-to-shipment ratio of 1.24:1, providing support for future growth. Source: GuruFocus 2. On June 1, analysis based on the discounted cash flow model showed that Amphenol's current stock price is significantly above its intrinsic value. According to GuruFocus's latest DCF analysis, Amphenol's DCF intrinsic value based on earnings per share is approximately $87.11, and based on free cash flow, it is approximately $83.39. However, as of the time of analysis, Amphenol's stock price was about $148.76, representing a premium of about 71% over the earnings-based DCF valuation, with a margin of safety of -70.8%. The company's GF Value proprietary valuation metric is approximately $133.91, also below the current stock price. Source: GuruFocus 3. On June 1, several institutions provided significantly higher target prices. Simply Wall St derived a fair value of $178.39 based on AI narratives and earnings growth assumptions, believing the current stock price is still undervalued by about 16.6%. The average target price among analysts is approximately $182. Zacks maintains a "Buy" rating, believing that the company's diversified end markets, continuously expanding connected product portfolio, and successful acquisition execution are sufficient to support its valuation premium. Source: Simply Wall St AI infrastructure demand is strong, and the industry outlook is optimistic. **Stocks ranked among the top in industry market capitalization** American Littelfuse rose 4.86%, with a market capitalization of $12.3 billion, and trading volume increased, with no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [LWLG.US](https://longbridge.com/en/quote/LWLG.US.md) - [COHR.US](https://longbridge.com/en/quote/COHR.US.md) - [GLW.US](https://longbridge.com/en/quote/GLW.US.md) - [APH.US](https://longbridge.com/en/quote/APH.US.md) - [LFUS.US](https://longbridge.com/en/quote/LFUS.US.md) ## Related News & Research - [LWLG: Five Stage 3 customer programs and strong cash reserves position the company for 2027 production ramp](https://longbridge.com/en/news/295545455.md) - [Lightwave Logic to host quarterly results, business update call](https://longbridge.com/en/news/294731406.md) - [The AI bros are lonely](https://longbridge.com/en/news/294942232.md) - [Blackstone (BX) Deepens Ties With NVIDIA On AI Infrastructure Financing Platforms – What Truly Changes?](https://longbridge.com/en/news/295590567.md) - [KKR joins Nvidia-led AI compute financing platforms targeting over $500 billion capital mobilization](https://longbridge.com/en/news/295450328.md)