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Stanley Druckenmiller, whose net worth is around $6.9 billion, made most of his fortune as a hedge fund manager, and became a well-known name on Wall Street while working for George Soros until 2000.
PITTSBURGH, March 18, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announced its collaboration with NVIDIA on silicon photonics networking switches using co-packaged optics (CPO). This ecosystem, announced at GTC, will allow AI factories to connect millions of GPUs.
PITTSBURGH, March 17, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, announces the launch of its 2D Collimator Array, an advanced optical assembly designed for optical circuit switches (OCS). OCS technology is rapidly emerging as a promising switching solution for advanced data centers supporting artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) applications.
PITTSBURGH, March 12, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), the leader in advanced laser technology, is proud to announce the launch of its groundbreaking 793nm pump laser diode, setting a new industry standard with an impressive 28W of reliable power and 97% polarization purity. This innovative product offers unmatched performance and cost-efficiency, unlocking new possibilities for applications in the rapidly growing Thulium fiber laser market.
PITTSBURGH, March 11, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a leader in photonics, introduces the WaveAnalyzer 1500B, a high-resolution optical spectrum analyzer that sets a new standard for transceiver testing. Building on the WaveAnalyzer 1500S, the new model delivers 100 MHz absolute frequency accuracy, high resolution, high speed, and full C+L band coverage in a single instrument.
PITTSBURGH, March 10, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in laser technology, announces the release of its AIM FL series of industrial, multi-kilowatt single mode fiber lasers. This innovative product family includes up to 3kW single mode operation with practical industrial fiber delivery (up to 10m) and an impressive water-cooling temperature range of 20°C to 35°C.
Coherent Chief Executive Officer Jim Anderson will be a featured panelist on the CEO Panel at the Optica Executive Forum, taking place on Monday, March 31,
PITTSBURGH, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in high-performance optical networking solutions, proudly announces that six of its products received awards in the 2025 Lightwave + BTR Innovation Reviews. "Innovation is at the heart of everything we do, and this recognition underscores our commitment to technology leadership," said Dr. Julie Eng, Chief Technology Officer at Coherent.
Investors interested in stocks from the Technology Services sector have probably already heard of Coherent (COHR) and Symbotic Inc. (SYM). But which of these two stocks is more attractive to value investors?
I reiterate a buy rating for Coherent Corp. stock due to robust growth prospects driven by sustained AI infrastructure investments and strong datacom performance. COHR's Q2 results showed impressive revenue growth of 27% y/y, driven by a 79% y/y increase in the datacom segment, and significant margin improvements. The telecom segment recovery, with new product ramps, adds upside potential, supported by increased AI workload traffic between data centers.