Top 9 AI News Updates Investors Probably Missed

2. Coherent Corp. (NYSE:COHR)

Number of Hedge Fund Holders: 71

Coherent Corp. (NYSE:COHR) is a technology company that develops and markets networking and lasers for industrial, communications, electronics, and instrumentation markets. The leader in photonics launched its 2D Collimator Array on March 17. The advanced optical assembly is designed specifically for optical circuit switches (OCS), targeting solutions for AI machine learning and high-performance computing data centers.

By combining a 2D lens and fibre array, the 2D Collimator Array improves OCS performance by providing high port density, accuracy, and dependability. Coherent Corp. (NYSE:COHR) strongly emphasizes design customization, allowing for client collaboration to produce specialized optical solutions. Coherent’s VP of R&D, Guanglong Yu, emphasized the array’s innovative technology as a solution for expanding demands of supercomputing switching systems and artificial intelligence.