COHU is trading at $52.01, down 5.93%, as semiconductor shares face pressure after Lam Research’s outlook raised concerns about shipment delays and weaker China revenue.
- No company-specific catalyst was found; Cohu’s third-quarter results are scheduled for October 28.
- Lam Research fell 7.93% in premarket trading.
- Broader risk sentiment was weak, with the Nasdaq down 1.69%.