COHU is trading at $51.87 (+6.20%) in pre-market after its Q2 update highlighted stronger-than-expected sales and an improved outlook.
- Revenue rose 38% to $149.0 million, helping extend a post-earnings rally following the July 30 report.
- The company projected Q3 revenue of $170 million at the midpoint, signaling continued growth momentum.
- Broader strength in the semiconductor sector is providing additional support for chip stocks in pre-market trading.