NYSE:COHRElectronic
Coherent (COHR) Is Down 8.4% After NVIDIA-Backed AI Optics Expansion News - Has The Bull Case Changed?
In recent weeks, Coherent has reported a 41% increase in its datacenter segment and a multi-year backlog of AI-related optical orders extending through 2028, while NVIDIA committed US$2 billion to support the company’s Texas indium phosphide expansion.
This combination of strong datacenter demand, a deep AI infrastructure backlog, and progress on advanced technologies like co-packaged optics is drawing renewed attention to Coherent’s role in the optical backbone of AI computing.
With this...