POET Technologies is trading at $7.65 (5.1% up) in pre-market, extending Thursday’s sharp rebound as a broader semiconductor rally lifts the sector.

  • The move follows strong earnings from major tech and AI players, which have eased recent concerns regarding a slowdown in infrastructure spending.
  • Positive sentiment is driving gains across chip names in both U.S. and Asian markets as demand for AI-related hardware remains a key market catalyst.
  • The stock's upward trajectory marks a significant recovery as it tracks the performance of broader semiconductor indices.