US optical communication stocks surge, Broadcom rises over 3%, Lumentum gains more than 2%

Glonghui, July 8 — U.S. optical communication concept stocks strengthened, with AXT Inc up over 10%, Credo Technology up over 6%, Himax Technologies up over 5%, POET Technologies, Coherent, and Astera Labs up over 4%, Broadcom and Ciena up over 3%, Applied Optoelectronics and Lumentum up over 2%, and Marvell Technology up nearly 2%.