Sep. 9 at 3:07 PM
$COHR Up 8.7% over five days while
$ANET sits at -0.4%, a split inside the optical and networking cohort that the model reads as the market separating component-level scarcity from software-adjacent infrastructure. COHR scores as a beneficiary of the AI-capex build, and the divergence from ANET suggests investors are picking further down the stack for names with less consensus crowding. The risk is that ANET's flat tape is the smarter read, and COHR's move retraces if the next round of hyperscaler capex guidance disappoints.
