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Coherent Corp. (COHR) Discusses Photonics Innovation and Data Center Communications at OFC Transcript
SAXONBURG, Pa., March 17, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced that it will highlight the breadth and scalability of its Indium Phosphide (InP) innovations at OFC 2026, showcasing a broad comprehensive portfolio of lasers, modulators, photodiodes, and subsystems that power next-generation datacenter architectures.
SAXONBURG, Pa., March 17, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced it will showcase breakthrough innovations powering the next generation of AI-driven datacenter and communications networks at OFC 2026, March 17 –19, at the L.A.
SAXONBURG, Pa., March 17, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced it will demonstrate multiple co-packaged optics (CPO) technologies at OFC 2026 in Los Angeles, highlighting the company's broad portfolio and vertical technology stack capabilities to support the rapidly growing bandwidth demands of AI and high-performance computing infrastructure.
SAXONBURG, Pa., March 17, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced that it will showcase a comprehensive portfolio of next-generation pluggable optical technologies at OFC 2026, spanning 1.6T, 3.2T, and emerging architectures for 12.8T and beyond.
Five of the Royce SMid-Cap Total Return Fund portfolio's nine equity sectors made a positive impact on calendar year performance. In the post-Covid era, airlines have seen a significant resurgence in passenger demand, which engine OEMs (original equipment manufacturers) have struggled to meet amid quality issues with new engine families such as the LEAP and GTF. Sapiens has idiosyncratic opportunities to drive growth and profitability through new geographies, expanding the product suite into adjacent areas, and scaling up existing operations.
SAXONBURG, Pa., March 12, 2026 (GLOBE NEWSWIRE) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced advancements in its scale-across portfolio, including its multi-rail optical transport platform combined with its Datacenter Interconnect (DCI) transceivers.
Coherent (NYSE: COHR) is set to join the S&P 500 on March 23, 2026, creating a date-certain mechanical buying catalyst that has investors watching whether the recent pullback will reverse ahead of the index inclusion date.
Cambridge, MA, March 12, 2026 (GLOBE NEWSWIRE) -- Cambridge, Mass., March 12, 2026—The MIT Leaders for Global Operations (LGO) program welcomes Coherent Corp., GE Vernova, and Mayo Clinic as its newest industry partners. Their addition brings LGO's partner company total to 28—20 of which are Fortune 500 or Global Fortune 500 companies.
Senator Markwayne Mullin (Republican-Oklahoma) recently bought shares of UnitedHealth Group Incorporated (NYSE: UNH). In a filing disclosed on March 10th, the Senator disclosed that they had bought between $50,001 and $100,000 in UnitedHealth Group stock on February 25th. Senator Markwayne Mullin also recently made the following trade(s): Sold $15,001 - $50,000 in shares of Intuit (NASDAQ: INTU)
Senator Markwayne Mullin (Republican-Oklahoma) recently sold shares of Intuit Inc. (NASDAQ: INTU). In a filing disclosed on March 10th, the Senator disclosed that they had sold between $15,001 and $50,000 in Intuit stock on February 25th. Senator Markwayne Mullin also recently made the following trade(s): Sold $50,001 - $100,000 in shares of AutoZone (NYSE: AZO) on 2/25/2026.
Senator Markwayne Mullin (Republican-Oklahoma) recently sold shares of AutoZone, Inc. (NYSE: AZO). In a filing disclosed on March 10th, the Senator disclosed that they had sold between $50,001 and $100,000 in AutoZone stock on February 25th. Senator Markwayne Mullin also recently made the following trade(s): Sold $15,001 - $50,000 in shares of Intuit (NASDAQ: INTU) on 2/25/2026.
The AI boom moves through bottlenecks - GPUs, cooling, power. The next constraint may be data center networking.
Just when you thought there couldn't be more exciting tech served up this year, after one of the most impressive (and robot-filled) Consumer Electronics Shows, there's another big tech event coming up that could see some of the industry's titans raise the bar even higher.
Coherent's shift to 6-inch InP wafers cuts die costs 60%, boosts capacity 4X and helps power AI networking demand as data center sales surge and margins expand.
Coherent ( NYSE:COHR ) CEO Jim Anderson did not mince words when describing what the new NVIDIA supply agreement actually means for his company.
Ciena (NYSE:CIEN) is up 8.9% in Tuesday's session, climbing from $318.54 to $346.89 intraday.
Photonics stocks are set to profit from the massive AI-buildout regardless of which AI model or hyperscaler eventually wins the software war.
Coherent reported record Q2 revenue of $1.69 billion, rising 7% sequentially and 17% year over year, driven primarily by 800G and 1.6T data center optics demand. Datacenter & Communications now accounts for over 70% of total revenue, growing 11% sequentially, with data center revenue increasing 14% sequentially. Non-GAAP gross margin expanded to 39% and operating margin reached 19.9%, supported by yield improvements, pricing optimization, and early benefits from six-inch indium phosphide manufacturing.
Early last week, Nvidia announced it would invest $2 billion each in Lumentum and Coherent as part of strategic, multiyear partnerships. Late Friday, it was announced that both companies had been admitted to the S&P 500.