🔴 Leveraged Coherent ETF (COHH) is trading 12.28% down on data-center rule concerns for AI projects

COHH is trading at $2.00 (-12.28%) as semiconductor shares face pressure amid concerns tighter data-center rules could delay AI infrastructure projects.

• The semiconductor index fell more than 3% in premarket trading, alongside broader Nasdaq weakness.
• Coherent reported quarterly revenue of $2.37 billion and non-GAAP EPS of $2.09.
• COHH targets 2x Coherent’s daily return, magnifying moves in the underlying stock.