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Coherent Corp. - COHR STOCK NEWS

Welcome to our dedicated page for Coherent news (Ticker: COHR), a resource for investors and traders seeking the latest updates and insights on Coherent stock.

Coherent Corp. (NYSE: COHR) is a global leader in materials, networking, and lasers, renowned for its innovative contributions across multiple industries. Headquartered in Saxonburg, Pennsylvania, Coherent specializes in engineered materials and optoelectronic components, serving sectors such as industrial, optical communications, military, semiconductor, consumer, and life sciences applications.

Coherent operates through two main segments: Photonic Solutions Segment and Compound Semiconductors Segment. The Photonic Solutions Segment leverages II-VI's compound semiconductor technology platforms to deliver components and subsystems, while the Compound Semiconductors Segment is noted for its market leadership in differentiated materials and devices.

Recent achievements include the demonstration of an 800 Gbps coherent transceiver module in QSFP-DD form factor, showcased at OFC 2024. This module features Coherent's 140 Gbaud IC-TROSA optical subassembly, offering high-efficiency indium phosphide modulators and proprietary embedded wavelength-tunable lasers, extending transmission distances up to 1000 km at 800 Gbps.

Additionally, Coherent has been pioneering advancements in VCSEL technology, enabling bandwidth improvements for next-generation optical interconnects. These developments are pivotal for data centers and AI networks, potentially achieving 200 Gbps per lane and optical transceivers with 1.6 Tbps capacity.

Coherent's commitment to innovation is further exemplified by its 6-inch indium phosphide wafer fabrication capability in its U.S. and European fabs, increasing production capacity and reducing die costs for InP optoelectronic devices used in a variety of applications from communications to advanced sensing.

In alignment with its ongoing innovation, Coherent has secured $15 million in funding from the CHIPS Act to accelerate the commercialization of wide- and ultrawide-bandgap semiconductors, enhancing the efficiency of electric vehicles, power grids, and data centers.

Financially, Coherent has demonstrated robust performance, with its Q3 FY2024 results available in a detailed shareholder letter on the Investor Relations section of its website. This format aims to provide greater insight into the company’s operations and future outlook.

For more information about Coherent and its groundbreaking technologies, visit coherent.com.

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Coherent Corp. (NYSE: COHR) announced its live demonstration of groundbreaking 200G four-level pulse amplitude modulation (PAM4) laser technology at OFC 2023 in San Diego from March 7-9. This demonstration features a monolithic photonic integrated circuit (PIC) combining a distributed feedback laser (DFB) with a Mach-Zehnder modulator. It showcases innovations enabling 1.6T transceivers with a reach of up to 10 km. Dr. Beck Mason emphasized that this marks a significant achievement in optical communications, enhancing performance and signal integrity for high-density multichannel designs.

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Coherent Corp. (NYSE: COHR) showcased its latest innovations in optical communications at OFC 2023 in San Diego, demonstrating a 200 Gbps optical transceiver and a co-packaged multimode optical engine operating at 50 Gbps NRZ. The 200G OSFP transceiver offers up to 2 km reach and is aimed at next-gen Ethernet switches. Additionally, the 800G multimode optical engine features 16 channels and is designed for high-demand applications like AI and machine learning, with low power consumption. These technologies highlight the company's commitment to advancing data networking solutions.

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Coherent Corp. (NYSE: COHR) announced participation in OFC 2023, held from March 7-9 at the San Diego Convention Center. Key presentations include:

  • Dr. Julie Sheridan Eng on optoelectronic components, March 7, 2:00 p.m.
  • Dr. Lee Xu on PAM vs. Coherent connectivity, March 7, 12:15 p.m.
  • Dr. Gert Sarlet on OpenZR+ MSA developments, March 8, 11:45 a.m.
  • Dr. Jack J. Xu on ROADM technologies, March 9, 10:30 a.m.

Additionally, Dr. Giovanni Barbarossa will take part in a fireside chat at the Optica Executive Forum. Coherent focuses on innovative technologies across materials, networking, and lasers.

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Coherent Corp. (NYSE: COHR) is set to unveil its innovative 100ZR transceiver at OFC 2023, equipped with the first purpose-built Steelerton™ digital signal processor (DSP) optimized for low power and size. The demonstration will showcase the transceiver's capabilities over 100 km of fiber. Coherent aims to simplify network structures, offering significant cost savings for operators. Furthermore, the company will exhibit its 400G transceivers in interoperability demonstrations, highlighting its position in the optical communication market.

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Coherent Corp. (NYSE: COHR) has launched a new line of 100G PAM4 VCSEL and photodiode arrays aimed at enhancing 800G short-reach datacom transceivers and active optical cables (AOCs). These innovative eight-element VCSEL arrays transmit data at 800 Gbps, catering to the accelerating demand from cloud and AI service providers for megascale datacenter expansions. The arrays utilize a vertically integrated 6-inch gallium arsenide platform, showcasing distinct reliability and efficiency for future sustainability in datacenters. Coherent plans to exhibit these advancements at OFC 2023 in San Diego, reinforcing its market position and technological leadership.

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Coherent Corp. (NYSE: COHR), a leader in materials and lasers, will present at the Susquehanna 12th Annual Technology Conference on March 3, 2023, at 3:00 p.m. ET. Key participants include Mary Jane Raymond, CFO, and Dr. Sanjai Parthasarathi, CMO. A live audio webcast will be available through the Investor Relations section of Coherent's website, with a replay accessible afterward. Coherent, headquartered in Saxonburg, Pennsylvania, focuses on innovative technologies across various markets including industrial and communications. For more details, visit coherent.com.

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Coherent Corp. has successfully transferred its common stock and its 6.00% Series A Mandatory Convertible Preferred Stock listings from Nasdaq to the New York Stock Exchange (NYSE). This transition took effect on February 23, 2023, following the cessation of trading on Nasdaq the previous day. The company's common stock will now trade under the symbol COHR while the preferred stock will trade as IIVI. CEO Dr. Vincent D. Mattera, Jr. expressed excitement over this move, highlighting it as part of the company's ongoing transformation aimed at enhancing shareholder value.

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Coherent Corp. (NYSE: COHR) announced an analyst briefing on March 8, 2023, at 11:00 a.m. ET, focused on its prospects in the optical communications market. The event will include a presentation and a Q&A session. Key participants include:

  • Mary Jane Raymond, CFO
  • Dr. Giovanni Barbarossa, Chief Strategy Officer
  • Dr. Julie Eng, CTO
  • Matthias Berger, VP of Coherent Transceiver Technology

The webcast will be available on the Coherent Investor Relations website, with a replay accessible afterward. Coherent, headquartered in Saxonburg, Pennsylvania, specializes in materials, networking, and lasers for various industries.

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Coherent Corp. (Nasdaq: COHR) announced the launch of its new 1300 nm high-power continuous wave (CW) distributed feedback (DFB) laser diodes designed for silicon photonics-based datacom transceivers. These lasers support the growing demand for 400G and 800G transceivers, with future capabilities for 1.6T transceivers. The new diodes provide 100 mW output power when uncooled and 300 mW when cooled, facilitating high data rates for DR4 and DR8 transceivers. Coherent will showcase its new technologies at OFC 2023 in San Diego, March 7-9. The company continues to innovate in semiconductor laser technology to enhance cloud capacity and efficiency.

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Coherent Corp. (Nasdaq: COHR) announced new product platforms, WaveShaper and WaveAnalyzer, designed for the super C-band in optical communications. This expansion comes as the technology approaches the limits of the current C-band capacity. The WaveShaper models (1000B and 4000B) are programmable optical processors offering high-resolution filter capabilities. The WaveAnalyzer 400A/Super-C serves as an optical spectrum analyzer with impressive measurement speeds. Coherent will showcase these products at OFC 2023 in San Diego, highlighting the WaveMaker 4000A synthesizer, which received accolades from Lightwave Innovation Reviews 2023.

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FAQ

What is the current stock price of Coherent (COHR)?

The current stock price of Coherent (COHR) is $105.34 as of November 22, 2024.

What is the market cap of Coherent (COHR)?

The market cap of Coherent (COHR) is approximately 16.2B.

What does Coherent Corp. specialize in?

Coherent Corp. specializes in engineered materials, optoelectronic components, and products used across various sectors, including industrial, optical communications, military, semiconductor, consumer, and life sciences applications.

What are the main segments Coherent operates in?

Coherent operates in two main segments: Photonic Solutions Segment, which leverages II-VI's compound semiconductor technology platforms, and Compound Semiconductors Segment, known for its leadership in differentiated materials and devices.

What recent innovations has Coherent introduced?

Recent innovations include the 800 Gbps coherent transceiver module in QSFP-DD form factor and advancements in VCSEL technology for next-generation optical interconnects.

What is the significance of Coherent's 6-inch indium phosphide wafer fabrication?

The 6-inch indium phosphide wafer fabrication increases production capacity and reduces die costs for InP optoelectronic devices, enhancing competitiveness in communications and sensing markets.

How much funding did Coherent secure from the CHIPS Act?

Coherent secured $15 million in funding from the CHIPS Act to accelerate the commercialization of wide- and ultrawide-bandgap semiconductors.

Where can I find Coherent's latest financial results?

Coherent's latest financial results are available on the Investor Relations section of their website at coherent.com.

What is the significance of Coherent's VCSEL technology development?

Coherent's VCSEL technology development enables significant bandwidth improvements, allowing for optical interconnects operating at 200 Gbps per lane and optical transceivers with 1.6 Tbps capacity.

Who can I contact for more information about Coherent?

For more information, you can contact Amy Wilson, Manager of Corporate Communications, at corporate.communications@coherent.com.

Where is Coherent Corp. headquartered?

Coherent Corp. is headquartered in Saxonburg, Pennsylvania.

What industries does Coherent serve?

Coherent serves various industries including industrial, optical communications, military, semiconductor, consumer, and life sciences applications.

Coherent Corp.

Nasdaq:COHR

COHR Rankings

COHR Stock Data

16.21B
152.77M
1.18%
94.6%
3.53%
Scientific & Technical Instruments
Optical Instruments & Lenses
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United States of America
SAXONBURG