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Wajeeh Khan

COHR Stock Leads AI Infrastructure Stocks Higher as Coherent Launches Data Optics Platform

Coherent (COHR) shares ripped higher on Oct. 1 after the semiconductor company rolled out its breakthrough PhotonLink integrated optics platform. In its press release, COHR said PhotonLink is designed to solve power and bandwidth bottlenecks in next-generation artificial intelligence (AI) data centers.

The announcement adds to momentum in Coherent stock, which is already up 67% versus the start of this year.

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