Coherent Launches PhotonLink AI Datacenter Optics Platform with 20+ Engagements
COHR has more than doubled off its 52-week low of $102.14.
Summary
Coherent launched PhotonLink, an integrated optics platform for AI datacenters, with over 10 co-packaged optics (CPO) and over 10 near-package optics (NPO) engagements. Revenue from the platform is expected to begin ramping in Q4 CY2026. The company also reports 5+ chip-to-chip engagements and secured anchor customers with long-term agreements. This follows strong FY26 results and NVIDIA's $2B investment, reinforcing Coherent's position in AI infrastructure. The launch provides a concrete product milestone and a timing marker for revenue contribution, though firm booking values and production ramp details are still pending.
At the time of this announcement, COHR was trading at $321.57 on NYSE in the Technology sector, with a market capitalization of approximately $63B. The 52-week trading range was $102.14 to $440.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.