30 Best AI Stocks to Buy According to Billionaires

Page 6 of 30

25. Coherent Corp. (NYSE:COHR)

Number of Hedge Fund Holders: 71 

Number of Billionaire Investors: 12

Value of Billionaire Holdings: $596 Million 

Coherent Corp. (NYSE:COHR) develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. The impressive AI portfolio of the firm includes 100G, 200G, 400G, and 800G Ethernet transceivers, which are crucial for high-speed data transmission in AI applications. The demand for these components has surged as data centers and telecommunications companies seek to enhance their AI capabilities. In earnings for the second quarter of 2025, the firm posted a record revenue of $1.43 billion, an increase of 6% sequentially and 27% year-over-year, driven by AI-related datacom transceiver growth, telecom recovery, and industrial end-market improvements. Gross margin during the period reached 38.2%, supported by pricing optimization and product cost improvements.

Page 6 of 30