COHR
NYSE · Electrical Equipment
Coherent Corp
$272.88
+0.55 (+0.20%)
COHR News28 articles
Lumentum Surges on $1.25B AI Revenue Target, Backed by Nvidia
Lumentum shares soared after projecting a path to $1.25 billion in quarterly revenue from AI data-center demand, buoyed by a $2 billion investment from Nvidia. Rival Coherent also gained, forecasting a $70 billion datacenter market by 2030.
Nvidia Eyes GTC Conference for AI Roadmap Amid Investor Scrutiny
Nvidia shares traded around $183, with attention turning to next week's GTC conference for potential AI catalysts. The chipmaker recently reported a 73% revenue surge but faces questions on spending and rivals.
Nvidia's $2B Nebius Stake Tests Stock as Meta Chip Ambitions Loom
Nvidia disclosed a $2 billion investment for an 8.3% stake in AI cloud provider Nebius, with shares hovering near $186. The move follows similar investments and comes as Meta announces plans to develop its own AI inference chips.
Nvidia Invests $2B in AI Cloud Firm Nebius Ahead of GTC Conference
Nvidia announced a $2 billion investment in AI cloud provider Nebius, keeping its stock price around $185. The move comes just before its GTC conference, where CEO Jensen Huang will outline the chipmaker's future strategy.
Coherent Soars on S&P 500 Inclusion, Fueled by Nvidia AI Partnership
Coherent Corp shares advanced nearly 6% following its upcoming inclusion in the S&P 500 index, building on momentum from Nvidia's recent $2 billion strategic investment. The company also reported strong quarterly revenue growth and launched new laser products.
Lumentum Surges on S&P 500 Inclusion, Fueled by Nvidia AI Partnership
Lumentum Holdings shares rallied over 10% on news of its upcoming inclusion in the S&P 500 index, extending gains driven by a major strategic partnership with Nvidia focused on AI photonics.
Credo Stock Rebounds on Broadcom's Copper Endorsement for AI Data Centers
Credo Technology Group Holding's stock climbed 9% to $111.94 Thursday, recovering from a 14.8% drop earlier in the week. The rebound followed Broadcom's endorsement of copper-based connections for AI data center racks.
Coherent Unveils 224Gbps Chip for AI Data Centers Ahead of OFC
Coherent Corp has introduced a high-speed 224Gbps quad-channel transimpedance amplifier designed for next-generation 800G and 1.6T optical transceivers in AI data centers. The company also debuted a new test instrument and will join the Bloomberg 500 index on March 12, following a $2 billion strategic investment from Nvidia.
Coherent Launches 224Gbps Chip for Next-Gen AI Data Centers
Coherent Corp introduced its CHR1074 224Gbps quad-channel transimpedance amplifier, targeting 800G and 1.6T optical modules for AI data centers. The company also secured new funding from an expanded partnership with Nvidia to prioritize production capacity.
Applied Optoelectronics Gains on Insider Sale Plan, Sets $250M ATM Offering
Applied Optoelectronics shares advanced 2.9% to $98.07 after a director disclosed plans to sell up to 102,347 shares. The company also established a $250 million at-the-market stock offering program.
Nvidia Commits $4 Billion to Secure AI Data Center Optics Supply
Nvidia is investing $4 billion across optics suppliers Lumentum and Coherent to secure long-term capacity for photonic components essential for next-generation AI data centers. The deals include multi-billion dollar purchase commitments and support for U.S. manufacturing expansion.
Applied Optoelectronics Stock Slides on CFO's Capacity Warning
Applied Optoelectronics shares declined 6.4% after CFO Stefan Murry highlighted capacity constraints and potential indium phosphide bottlenecks. The company expects 800G transceiver shipments to increase in Q2.
Nvidia Shares Slide Amid Tech Rout, $4B Optics Investment
Nvidia shares declined over 2% in early trading, caught in a wider technology sector downturn. The chipmaker announced multiyear agreements to invest $2 billion each in optics companies Lumentum and Coherent.
AXT Shares Retreat on Insider Sale Plans Following Sector Rally
AXT Inc shares declined over 6% in premarket trading Tuesday, giving back part of Monday's 22% surge. SEC filings revealed the CEO, CFO, and a director filed to sell a combined 753,801 shares worth approximately $30.2 million.
Nvidia Invests $2 Billion in Lumentum for AI Data Center Optics
Lumentum Holdings shares surged 11.8% in premarket trading after Nvidia announced a $2 billion investment and supply agreement focused on AI data center optics. Stifel raised its price target on LITE to $800.
Nvidia Invests $4 Billion in Photonics Suppliers to Secure AI Data Center Future
Nvidia shares gained 3% in after-hours trading following the announcement of $4 billion in strategic investments in photonics suppliers Lumentum and Coherent. The deals aim to secure critical optical components for AI data center infrastructure.
Nvidia Invests $4 Billion in Photonics to Power Next-Gen AI Data Centers
Nvidia shares gained 3% in after-hours trading following its $4 billion investment in photonics suppliers Lumentum and Coherent. The move aims to secure critical optical components for AI data centers.
Nvidia Gains on $4 Billion Optics Deals Amid Market Weakness
Nvidia shares advanced 1.5% to $179.80, defying a broader market sell-off, after committing $4 billion to secure advanced optics supply from Lumentum and Coherent for AI data centers.
Nvidia Gains on $4 Billion Optics Investment as Sector Slumps
Nvidia shares advanced 1.5% to $179.80, defying a market slide after committing $4 billion to optics suppliers Lumentum and Coherent. The move aims to secure advanced laser and networking components for AI data centers.
Nvidia Gains on $4 Billion Optics Deals as AI Infrastructure Buildout Intensifies
Nvidia shares advanced 1.5% to $179.80, defying a down market, after committing $4 billion to secure optics supply from Lumentum and Coherent for AI data centers. Investors now look to the upcoming GTC conference for new product signals.
Coherent Shares Dip After Bain Capital Sells $2.2B Stake
Coherent shares declined roughly 3% in extended trading Thursday following a regulatory filing showing a Bain Capital affiliate sold its entire stake in a $2.22 billion block transaction.
Lumentum Shares Slide in Extended Trading Ahead of Key Investor Conferences
Lumentum Holdings stock declined 2.8% in after-hours trading following a volatile session, as investors await management commentary at upcoming Susquehanna and Morgan Stanley events.
Coherent Shares Slide as Bain Capital Affiliate Files to Offload $2.2 Billion Stake
Coherent Corp stock fell over 4% after a Bain Capital affiliate filed to sell 9.4 million shares worth approximately $2.22 billion, marking another significant secondary offering following disposals in late 2025.
Lumentum Shares Extend Rally on AI Infrastructure Demand
Lumentum Holdings surged nearly 5% Monday, leading a broader optics and networking stock rally. The move follows strong quarterly results and an upbeat outlook tied to data center expansion for artificial intelligence workloads.
Coherent Shares Surge 7% on Bank of America Price Target Boost Amid AI Data Center Focus
Coherent Corp stock rallied over 7% after Bank of America raised its price target to $250, citing strong hyperscale capital expenditure trends. The optical components maker also provided its Q3 revenue and earnings guidance.
Lumentum Surges 7% on AI Optics Demand, Convertible Debt Risk in Focus
Lumentum shares climbed over 7% Monday, extending gains on strong AI data-center optics forecasts. A recent filing highlighted liquidity risks if convertible note holders exercise early conversion rights amid the stock rally.
Coherent Shares Surge on Texas Semiconductor Grant and Upgraded Analyst Targets
Coherent stock rallied nearly 9% Friday following a $14.1 million state grant for its indium phosphide wafer project and price target increases from JPMorgan and Stifel.
Nvidia Slips Amid Broader Market Retreat; GTC Conference, Coherent Deal in Focus
Nvidia shares declined 1.3% to $180.09, mirroring a broader market selloff driven by energy price worries and delayed Fed rate cut expectations. The chipmaker remains in focus with its upcoming GPU Technology Conference and a new $2 billion optics agreement with Coherent.