🟢 COHU is trading 22.2% up today after Q2 earnings beat and bullish AI guidance

COHU is trading 22.2% up at $56.74 in pre-market after reporting a Q2 earnings beat and issuing bullish guidance for its AI-driven segments.

• The company reported Q2 revenue of $149 million, representing 38% year-over-year growth, with non-GAAP EPS of $0.26 exceeding analyst expectations.
• Management issued optimistic Q3 and full-year guidance for the AI and High-Performance Computing (HPC) markets, citing strong demand for its Eclipse handlers.
• The stock's upward momentum is being further amplified by a broader rebound in semiconductor stocks and positive sentiment in tech futures.