PENG Soars 18.3% on AI Factory Blowout; COHR, AVGO Lead Tech Surge
Penguin Solutions (PENG) jumped 18.3% since its October 2 EPS revision detection, closing at $72.61 after a record fiscal Q4 that featured 68% revenue growth, non-GAAP EPS of $1.00 (beating 77-cent consensus), and a massive raised fiscal 2027 outlook. Coherent (COHR) gained 16.2% to $334.56 as AI infrastructure spending optimism lifted the entire semiconductor ecosystem, while Broadcom (AVGO) rose 9.6% to $376.51 on news it assembled $60 billion in debt financing to fund Anthropic AI chip infrastructure. The five-day rally across PENG, COHR, PS, GOTU, and AVGO reflects a market intensely rewarding companies that can prove AI-driven earnings acceleration.
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