15 AI News Updates Worthy of Investor Attention

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14. Coherent Corp. (NYSE:COHR)

Market Capitalization: $16 Billion

Coherent Corp. (NYSE:COHR) develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. The firm has emerged as an important player in the AI space, marketing 800G transceivers that read and write data at a speed of 800 gigabytes per second. The company recently announced the production release of high-speed indium phosphide (InP) photodiodes. These are designed for use in the next generation of 800G and 1.6T transceivers with 200 Gb/s PAM4 optical lanes. In recent months, the speed at which transceivers made by firms like Coherent can transmit data between computers has become very important to the functioning of AI data centers.

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