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US Optical Communication Stocks Drop Pre-Market, Corning and Coherent Fall Over 6%

On September 14, US optical communication stocks collectively declined in pre-market trading as three major AI giants called for a slowdown in AI model development. Among them, MaxLinear and AXT Inc fell over 7%, while Corning, Applied Optics, and Coherent dropped over 6%. Lumentum, Mavenir Technologies, Credo Technology, Tower Semiconductor, and Ciena saw declines of over 5%.

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