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Coherent Corp

COHR: XNYS (USA)

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Coherent Is Extremely Well Positioned in Optical Connectivity but Reliant on Hyperscaler Spending

Nov 5, 2026

Business Strategy and Outlook

Coherent focuses on an unusually broad range of photonics technologies and end markets. While the firm has historically served the data center, communications, and industrial markets in a relatively balanced mix, the growing need for faster, energy-efficient photonics to support artificial intelligence infrastructure is shifting revenue heavily toward the data center.

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