COHH is trading at $7.59, up 3.40%, as AI-infrastructure and optical-networking optimism supports Coherent. - COHH targets 2x Coherent’s daily share-price move, so strength in Coherent can be amplified in the ETF. - Bernstein initiated coverage of Coherent at Outperform with a $350 target, citing optical suppliers’ role in AI buildouts. - Retreating Treasury yields and oil prices are helping technology stocks and futures advance.