nLIGHT (NASDAQ: LASR) climbed about 5.8%, standing out during a broader tech selloff.
The move followed news of a major U.S. defense contract for a high-energy laser system. The initial award is worth $44 million, with the total program potentially reaching $627 million.
While semiconductor and AI stocks were under pressure, investors appeared more focused on nLIGHT’s growing role in defense technology and directed-energy systems.
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