Coherent Corp.: A Rising Star In The Data Center Segment
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Coherent Corp. is experiencing revenue growth in the data center segment, driven by increased AI CAPEX spending from clients. The company offers a comprehensive portfolio of data center transceivers, lasers, and silicon photonics components, and holds an option in Silicon Carbide for future market rebounds.
December 12, 2024 | 8:15 pm
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Coherent Corp. is benefiting from increased AI CAPEX spending, leading to revenue growth in its data center segment. The company offers a robust portfolio of transceivers, lasers, and silicon photonics components.
The article highlights Coherent Corp.'s revenue growth due to increased AI CAPEX spending, which is a positive indicator for its stock. The company's comprehensive product portfolio in data centers and potential in Silicon Carbide further supports a positive outlook.
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