9 days ago
When AI stocks rebounded last week, optical networking companies did not rebound equally.
Lumentum Holdings Inc. (NASDAQ:LITE) jumped nearly 10% in Wednesday trading and led the S&P 500, while Coherent rose 6.9%. Corning Incorporated (NYSE:GLW) managed only a 0.4% gain and remained down sharply for the week.
All three sit inside the same broad AI-connectivity buildout. The divergence suggests investors are beginning to distinguish between different pieces of that infrastructure rather than buying every optics name together.
Photo from Lumentum Holdings website
AI clusters increasingly need optical connections as more accelerators communicate across larger physical distances. That drives demand for high-speed transceivers, lasers and other photonic components.
#NASDAQ #lite #wednesday #coherent
Lumentum Holdings Inc. (NASDAQ:LITE) jumped nearly 10% in Wednesday trading and led the S&P 500, while Coherent rose 6.9%. Corning Incorporated (NYSE:GLW) managed only a 0.4% gain and remained down sharply for the week.
All three sit inside the same broad AI-connectivity buildout. The divergence suggests investors are beginning to distinguish between different pieces of that infrastructure rather than buying every optics name together.
Photo from Lumentum Holdings website
AI clusters increasingly need optical connections as more accelerators communicate across larger physical distances. That drives demand for high-speed transceivers, lasers and other photonic components.
#NASDAQ #lite #wednesday #coherent
9 days ago
MACOM Technology Solutions is suddenly giving investors two numbers to think about: its stock has more than doubled over the past year, and its newest optical components push data rates toward another doubling.
asharkyu/Shutterstock.com
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) announced a 3.2-terabit optical chipset on September 17 built around eight 448-Gbps PAM-4 channels. A day later, BMO Capital upgraded the shares to Outperform with a $335 target, arguing that a 36% decline from the May peak had compressed MACOM's forward valuation to roughly 29 times earnings while data-center fundamentals remained intact.
That puts Coherent Corp. (NYSE:COHR) directly in the conversation because both companies supply the optical connectivity needed to keep larger AI clusters fed with data.
MACOM's new platform combines drivers, photodiodes and transimpedance amplifiers for next-generation optical modules. The company says the components are already available, rather than merely a research roadmap.
#data #macom #holdings #NASDAQ
asharkyu/Shutterstock.com
MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) announced a 3.2-terabit optical chipset on September 17 built around eight 448-Gbps PAM-4 channels. A day later, BMO Capital upgraded the shares to Outperform with a $335 target, arguing that a 36% decline from the May peak had compressed MACOM's forward valuation to roughly 29 times earnings while data-center fundamentals remained intact.
That puts Coherent Corp. (NYSE:COHR) directly in the conversation because both companies supply the optical connectivity needed to keep larger AI clusters fed with data.
MACOM's new platform combines drivers, photodiodes and transimpedance amplifiers for next-generation optical modules. The company says the components are already available, rather than merely a research roadmap.
#data #macom #holdings #NASDAQ
17 days ago
On September 17, Coherent Corp. (NYSE:COHR) announced an upgraded Pluggable Optical Line System that covers the full C-band and fits in a compact QSFP module, the same slot ordinary transceivers use. That is a lot of networking gear shrunk into a plug, and it follows a quarter of 34% revenue growth. Here is what the launch means, and where the stock's story gets harder to read.
Start with what the product does. The upgraded system can pack 32 wavelengths onto a single pair of fibers, which Coherent says adds up to as much as 25.6Tbps of traffic on links running 2km to 200km. It is designed for the latest 800G coherent optics, and it configures itself, handling link setup and laser safety without a technician tuning each connection. Coherent also says the system is generally available and already shipping in high volume, in 400G and 800G versions that work with existing network setups. Madhu Krishnaswamy, who runs the company's telecom transport unit, describes the goal as easing the usual trade-off between raw performance and operational simplicity.
The launch also sits on top of a business that is already moving. On August 12, Coherent reported results for its fiscal fourth quarter, which ended June 30: revenue of $2.05 billion, up 34% from a year earlier. Non-GAAP earnings per share rose to $1.74 from $1.00, and CEO Jim Anderson noted that for the full year, that measure grew more than twice as fast as revenue. Management guided to revenue of $2.2 billion to $2.4 billion for the first quarter of fiscal 2027, and Anderson says AI data centers are increasingly moving from copper to optical links.
Now look at the two versions of profit. Coherent's non-GAAP earnings came to $1.74 per share, but under GAAP the figure was $1.19. The gap comes from items management leaves out, including stock-based pay, amortization on acquired intangibles, and restructuring and integration costs. Operating margin shows it more clearly, at 21.8% on a non-GAAP basis and 12.4% under GAAP. Some of those costs are non-cash, but they are real, and anyone anchoring on the higher figure is skipping them.
Then there is how much weight this launch can carry. The announcement puts no sales figure on the product, so its contribution to a company that booked $2.05 billion in a quarter cannot be sized from what has been published. The bullish story also rests on management's own read of where AI networks are headed, and on a capacity build-out that CFO Sherri Luther says gets priority in spending. Money spent on capacity only pays off if the demand management describes keeps arriving.
#gaap #revenue #launch #anderson
Start with what the product does. The upgraded system can pack 32 wavelengths onto a single pair of fibers, which Coherent says adds up to as much as 25.6Tbps of traffic on links running 2km to 200km. It is designed for the latest 800G coherent optics, and it configures itself, handling link setup and laser safety without a technician tuning each connection. Coherent also says the system is generally available and already shipping in high volume, in 400G and 800G versions that work with existing network setups. Madhu Krishnaswamy, who runs the company's telecom transport unit, describes the goal as easing the usual trade-off between raw performance and operational simplicity.
The launch also sits on top of a business that is already moving. On August 12, Coherent reported results for its fiscal fourth quarter, which ended June 30: revenue of $2.05 billion, up 34% from a year earlier. Non-GAAP earnings per share rose to $1.74 from $1.00, and CEO Jim Anderson noted that for the full year, that measure grew more than twice as fast as revenue. Management guided to revenue of $2.2 billion to $2.4 billion for the first quarter of fiscal 2027, and Anderson says AI data centers are increasingly moving from copper to optical links.
Now look at the two versions of profit. Coherent's non-GAAP earnings came to $1.74 per share, but under GAAP the figure was $1.19. The gap comes from items management leaves out, including stock-based pay, amortization on acquired intangibles, and restructuring and integration costs. Operating margin shows it more clearly, at 21.8% on a non-GAAP basis and 12.4% under GAAP. Some of those costs are non-cash, but they are real, and anyone anchoring on the higher figure is skipping them.
Then there is how much weight this launch can carry. The announcement puts no sales figure on the product, so its contribution to a company that booked $2.05 billion in a quarter cannot be sized from what has been published. The bullish story also rests on management's own read of where AI networks are headed, and on a capacity build-out that CFO Sherri Luther says gets priority in spending. Money spent on capacity only pays off if the demand management describes keeps arriving.
#gaap #revenue #launch #anderson
17 days ago
In the end, Kevin Warsh's Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to provide any indication of what he was prepared to do to tame stubborn inflation, the chair on Wednesday presided over a unanimous decision to raise interest rates for the first time in three years.
"Today's action starts to show that we're serious about this," he said at the press conference after the meeting, with "this" meaning inflation in excess of the Fed's 2% target for over five years. Welcome though it was, his embrace of economic orthodoxy nonetheless did little to dispel the Keystone Cops quality of governance in Donald Trump's US.
Warsh's resolve – raising rates just a few weeks before elections that will determine whether Republicans retain control of Congress – appeared even more resolute in the face of a veiled threat from White House economic adviser Kevin Hassett, who pointed out to his chums on Fox that "if you want an independent Fed, then one thing the Fed does is it stays out of the way of elections".
The central bankers' parsimonious comments in the press conference following the meeting made a sharp contrast with the more unhinged commentary from other members of the administration, including the president himself, who earlier this month celebrated the resilience of the labor market with a mind-boggling threat to "STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT" unless the Fed cut interest rates.
Trump has yet to turn on Warsh in the way he did on his predecessor, Jerome "numbskull" Powell. But the signs are ominous. After the rate hike, Trump went ballistic – spewing more of the random, incoherent thoughts that have become his trademark. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World," he wrote on social media, despite recalcitrant inflation and a budget deficit that is likely to exceed $2tn this year. He again demanded the powers that be to "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
#rates #federal #states
"Today's action starts to show that we're serious about this," he said at the press conference after the meeting, with "this" meaning inflation in excess of the Fed's 2% target for over five years. Welcome though it was, his embrace of economic orthodoxy nonetheless did little to dispel the Keystone Cops quality of governance in Donald Trump's US.
Warsh's resolve – raising rates just a few weeks before elections that will determine whether Republicans retain control of Congress – appeared even more resolute in the face of a veiled threat from White House economic adviser Kevin Hassett, who pointed out to his chums on Fox that "if you want an independent Fed, then one thing the Fed does is it stays out of the way of elections".
The central bankers' parsimonious comments in the press conference following the meeting made a sharp contrast with the more unhinged commentary from other members of the administration, including the president himself, who earlier this month celebrated the resilience of the labor market with a mind-boggling threat to "STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT" unless the Fed cut interest rates.
Trump has yet to turn on Warsh in the way he did on his predecessor, Jerome "numbskull" Powell. But the signs are ominous. After the rate hike, Trump went ballistic – spewing more of the random, incoherent thoughts that have become his trademark. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World," he wrote on social media, despite recalcitrant inflation and a budget deficit that is likely to exceed $2tn this year. He again demanded the powers that be to "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
#rates #federal #states
18 days ago
On September 17, Coherent Corp. (NYSE:COHR) announced an upgraded Pluggable Optical Line System that covers the full C-band and fits in a compact QSFP module, the same slot ordinary transceivers use. That is a lot of networking gear shrunk into a plug, and it follows a quarter of 34% revenue growth. Here is what the launch means, and where the stock's story gets harder to read.
Start with what the product does. The upgraded system can pack 32 wavelengths onto a single pair of fibers, which Coherent says adds up to as much as 25.6Tbps of traffic on links running 2km to 200km. It is designed for the latest 800G coherent optics, and it configures itself, handling link setup and laser safety without a technician tuning each connection. Coherent also says the system is generally available and already shipping in high volume, in 400G and 800G versions that work with existing network setups. Madhu Krishnaswamy, who runs the company's telecom transport unit, describes the goal as easing the usual trade-off between raw performance and operational simplicity.
The launch also sits on top of a business that is already moving. On August 12, Coherent reported results for its fiscal fourth quarter, which ended June 30: revenue of $2.05 billion, up 34% from a year earlier. Non-GAAP earnings per share rose to $1.74 from $1.00, and CEO Jim Anderson noted that for the full year, that measure grew more than twice as fast as revenue. Management guided to revenue of $2.2 billion to $2.4 billion for the first quarter of fiscal 2027, and Anderson says AI data centers are increasingly moving from copper to optical links.
Now look at the two versions of profit. Coherent's non-GAAP earnings came to $1.74 per share, but under GAAP the figure was $1.19. The gap comes from items management leaves out, including stock-based pay, amortization on acquired intangibles, and restructuring and integration costs. Operating margin shows it more clearly, at 21.8% on a non-GAAP basis and 12.4% under GAAP. Some of those costs are non-cash, but they are real, and anyone anchoring on the higher figure is skipping them.
Then there is how much weight this launch can carry. The announcement puts no sales figure on the product, so its contribution to a company that booked $2.05 billion in a quarter cannot be sized from what has been published. The bullish story also rests on management's own read of where AI networks are headed, and on a capacity build-out that CFO Sherri Luther says gets priority in spending. Money spent on capacity only pays off if the demand management describes keeps arriving.
#quarter #launch #anderson
Start with what the product does. The upgraded system can pack 32 wavelengths onto a single pair of fibers, which Coherent says adds up to as much as 25.6Tbps of traffic on links running 2km to 200km. It is designed for the latest 800G coherent optics, and it configures itself, handling link setup and laser safety without a technician tuning each connection. Coherent also says the system is generally available and already shipping in high volume, in 400G and 800G versions that work with existing network setups. Madhu Krishnaswamy, who runs the company's telecom transport unit, describes the goal as easing the usual trade-off between raw performance and operational simplicity.
The launch also sits on top of a business that is already moving. On August 12, Coherent reported results for its fiscal fourth quarter, which ended June 30: revenue of $2.05 billion, up 34% from a year earlier. Non-GAAP earnings per share rose to $1.74 from $1.00, and CEO Jim Anderson noted that for the full year, that measure grew more than twice as fast as revenue. Management guided to revenue of $2.2 billion to $2.4 billion for the first quarter of fiscal 2027, and Anderson says AI data centers are increasingly moving from copper to optical links.
Now look at the two versions of profit. Coherent's non-GAAP earnings came to $1.74 per share, but under GAAP the figure was $1.19. The gap comes from items management leaves out, including stock-based pay, amortization on acquired intangibles, and restructuring and integration costs. Operating margin shows it more clearly, at 21.8% on a non-GAAP basis and 12.4% under GAAP. Some of those costs are non-cash, but they are real, and anyone anchoring on the higher figure is skipping them.
Then there is how much weight this launch can carry. The announcement puts no sales figure on the product, so its contribution to a company that booked $2.05 billion in a quarter cannot be sized from what has been published. The bullish story also rests on management's own read of where AI networks are headed, and on a capacity build-out that CFO Sherri Luther says gets priority in spending. Money spent on capacity only pays off if the demand management describes keeps arriving.
#quarter #launch #anderson
20 days ago
Coherent jumped 6% and Lumentum climbed 5% with no catalyst, driven by short covering after both stocks fell sharply over the prior month.
SOXX gained only 2% and SPY just 0.3%, making the optics group's surge a positioning-only bounce confined to the sector, not a broad re-rating.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Coherent didn't make the cut. Enter your email to see the names that beat COHR. The report is free. Enter your email and see if any of your stocks made the cut.
Optics stocks are rebounding Wednesday morning without a fresh headline to point to, and the size of the group's move relative to the broader market is the story. The iShares Semiconductor ETF (NASDAQ:SOXX) is at $508.59, up 2%, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is at $759.69, up just 0.3%. The three optics names running today are outpacing both benchmarks by a wide margin.
Coherent Corp. (NYSE:COHR) stock is up 6% to $287.21 in Wednesday morning trading. The bounce arrives after a rough stretch. Coherent shares had fallen 12% over the past month heading into today's session, and that drawdown is the part of the setup that hasn't been undone.
#optics
SOXX gained only 2% and SPY just 0.3%, making the optics group's surge a positioning-only bounce confined to the sector, not a broad re-rating.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Coherent didn't make the cut. Enter your email to see the names that beat COHR. The report is free. Enter your email and see if any of your stocks made the cut.
Optics stocks are rebounding Wednesday morning without a fresh headline to point to, and the size of the group's move relative to the broader market is the story. The iShares Semiconductor ETF (NASDAQ:SOXX) is at $508.59, up 2%, while the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is at $759.69, up just 0.3%. The three optics names running today are outpacing both benchmarks by a wide margin.
Coherent Corp. (NYSE:COHR) stock is up 6% to $287.21 in Wednesday morning trading. The bounce arrives after a rough stretch. Coherent shares had fallen 12% over the past month heading into today's session, and that drawdown is the part of the setup that hasn't been undone.
#optics
26 days ago
Both the Steelers and the Falcons have new coaching staffs heading into Week 1. It's safe to say both franchises will be looking to start their new era off on the right foot with a victory. I spoke with Kevin Knight of The Falcoholic to learn a bit about what's new with the Atlanta Falcons.
Kevin Knight: Well, now even Tua Tagovailoa is out of the lineup thanks to an oblique injury suffered during individual drills on Thursday. That means Cooper Rush at the helm (who, in truth, may not be any worse than Tua based on the aforementioned preseason). What you're going to see is a lot of quick game, and as much Bijan Robinson as the team can muster. If Atlanta can run the ball well and get Bijan going, they can score points. So that'll be the plan, with the passing game largely taking a complementary role until Michael Penix Jr. returns.
Kevin Knight: This is a good defense that will have to find ways to manufacture pass rush. Thankfully, Jeff Ulbrich is an evil genius with his blitz packages, and he's got a lot of interesting looks planned. Expect to see a lot of linebacker and slot blitzes to supplement their weaker edge rusher room, along with a lot of emphasis on interior pass rush. Atlanta has a really nice interior duo with Brandon Dorlus (who was leading all interior defensive linemen in the NFC with 8.5 sacks last season before injury) and trade acquisition Gervon Dexter Sr. They're hoping the interior can offset some of their weaknesses outside.
Kevin Knight: I like Kevin Stefanski and think it pretty much takes a miracle worker to extract any amount of success from the Cleveland Browns organization. It does seem like there's a coherent, forward-thinking plan in place for this Falcons team for the first time in years. I don't necessarily expect a lot of success in 2026 based on the moves made to this point and the way the team is structured, but I do expect Atlanta to be one of the most aggressive teams in free agency and the draft in 2027.
Kevin Knight: As I mentioned before, Brandon Dorlus is a borderline-elite interior pass rusher who may also get some run on the edge. Linebacker Divine Deablo was the biggest surprise in last year's free agent class and completely transformed the defense when he was on the field. Second-year safety Xavier Watts was a DROY candidate in 2025 and forms a dynamic duo with veteran Jessie Bates III. Atlanta will be starting two rookies on defense: Avieon Terrell (brother of A.J. Terrell) in the slot, and Kendal Daniels at linebacker. Both impressed in training camp, with Daniels being a particularly pleasant surprise given his Day 3 selection.
#expect
Kevin Knight: Well, now even Tua Tagovailoa is out of the lineup thanks to an oblique injury suffered during individual drills on Thursday. That means Cooper Rush at the helm (who, in truth, may not be any worse than Tua based on the aforementioned preseason). What you're going to see is a lot of quick game, and as much Bijan Robinson as the team can muster. If Atlanta can run the ball well and get Bijan going, they can score points. So that'll be the plan, with the passing game largely taking a complementary role until Michael Penix Jr. returns.
Kevin Knight: This is a good defense that will have to find ways to manufacture pass rush. Thankfully, Jeff Ulbrich is an evil genius with his blitz packages, and he's got a lot of interesting looks planned. Expect to see a lot of linebacker and slot blitzes to supplement their weaker edge rusher room, along with a lot of emphasis on interior pass rush. Atlanta has a really nice interior duo with Brandon Dorlus (who was leading all interior defensive linemen in the NFC with 8.5 sacks last season before injury) and trade acquisition Gervon Dexter Sr. They're hoping the interior can offset some of their weaknesses outside.
Kevin Knight: I like Kevin Stefanski and think it pretty much takes a miracle worker to extract any amount of success from the Cleveland Browns organization. It does seem like there's a coherent, forward-thinking plan in place for this Falcons team for the first time in years. I don't necessarily expect a lot of success in 2026 based on the moves made to this point and the way the team is structured, but I do expect Atlanta to be one of the most aggressive teams in free agency and the draft in 2027.
Kevin Knight: As I mentioned before, Brandon Dorlus is a borderline-elite interior pass rusher who may also get some run on the edge. Linebacker Divine Deablo was the biggest surprise in last year's free agent class and completely transformed the defense when he was on the field. Second-year safety Xavier Watts was a DROY candidate in 2025 and forms a dynamic duo with veteran Jessie Bates III. Atlanta will be starting two rookies on defense: Avieon Terrell (brother of A.J. Terrell) in the slot, and Kendal Daniels at linebacker. Both impressed in training camp, with Daniels being a particularly pleasant surprise given his Day 3 selection.
#expect
26 days ago
It's been a long wait for this day to get here, but now we can finally turn the page to (I hope) more constructive play and move on from the UVA debacle. So what are we keeping our eyes on in the bigger picture tonight?
1.) Find at least the beginnings of an identity offensively. NC State's performance at Virginia was so bad as to look incoherent, and the offense wasn't on the field enough to develop a rhythm, much less discover its most important foundational aspects. Pretty much nothing worked, and what did—or could have—worked, often wasn't well-executed. The Pack has to take the opportunity presented by Richmond to start sorting itself out and establish concepts that work. Where's the bread and ***** er?
2.) To that end, who are the playmakers in this offense? We know that NC State would like to lean on Duke Scott and certainly he has better days ahead of him, but I'd like to see a more concerted effort to get Victor Snow the ball tonight. We learned next to nothing about the passing game in Week 0—well, nothing good, anyway—and still don't really know what we've got at receiver. It might end up essential for Snow to get 8-10 touches each week, and now's a good time to figure that out. I won't be surprised if Keenan Jackson is a focal point, either.
3.) What does this defense look like when it isn't in a bad position for 60 minutes? They were set up to fail by the offense in the first game, and Virginia never had to get out of its conservative comfort zone. Still the defense did some good things against actual handoffs, and needs to build on that. Richmond shouldn't have much of a downfield passing game to speak of, and I want to see how the defense performs against more regular passing downs.
#much #passing
1.) Find at least the beginnings of an identity offensively. NC State's performance at Virginia was so bad as to look incoherent, and the offense wasn't on the field enough to develop a rhythm, much less discover its most important foundational aspects. Pretty much nothing worked, and what did—or could have—worked, often wasn't well-executed. The Pack has to take the opportunity presented by Richmond to start sorting itself out and establish concepts that work. Where's the bread and ***** er?
2.) To that end, who are the playmakers in this offense? We know that NC State would like to lean on Duke Scott and certainly he has better days ahead of him, but I'd like to see a more concerted effort to get Victor Snow the ball tonight. We learned next to nothing about the passing game in Week 0—well, nothing good, anyway—and still don't really know what we've got at receiver. It might end up essential for Snow to get 8-10 touches each week, and now's a good time to figure that out. I won't be surprised if Keenan Jackson is a focal point, either.
3.) What does this defense look like when it isn't in a bad position for 60 minutes? They were set up to fail by the offense in the first game, and Virginia never had to get out of its conservative comfort zone. Still the defense did some good things against actual handoffs, and needs to build on that. Richmond shouldn't have much of a downfield passing game to speak of, and I want to see how the defense performs against more regular passing downs.
#much #passing
1 month ago
Nvidia has placed a large financial bet on the lasers that connect AI systems. On March 2, NVIDIA Corporation (NASDAQ:NVDA) invested $2 billion in Coherent Corp. (NYSE:COHR) common stock and entered a nonexclusive multiyear strategic arrangement covering optics development, purchase commitments, and access to manufacturing capacity. Coherent's August filing keeps attention on the capital required to meet that opportunity. The deal suggests bandwidth, not raw compute alone, may determine how quickly next-generation data centers scale.
Photo from Coherent website
NVIDIA Corporation (NASDAQ:NVDA) needs faster and more power-efficient connections as clusters grow to enormous numbers of accelerators. Strategic access to lasers and optical components can reduce supply risk and help Nvidia coordinate networking with its computing roadmap. The bull case is that Nvidia secures a critical input before demand peaks. The bear case is that purchase commitments could become less attractive if technologies shift or capacity expands faster than customers need.
Coherent Corp. (NYSE:COHR) gains capital, demand visibility, and validation from the AI industry's most influential platform company. Its lasers, transceivers, and materials can participate as data movement consumes a larger share of system power and cost. Yet scaling production requires capital expenditures and working capital well before all revenue is recognized. Customer concentration, manufacturing yields, pricing negotiations, and technology transitions can determine whether volume growth becomes attractive free cash flow.
The nonexclusive structure is important here. Nvidia can support capacity without surrendering alternative suppliers, while Coherent can sell beyond Nvidia. That makes the arrangement more resilient than an acquisition, but it also limits exclusivity as a competitive moat. The strongest thesis is not that one partner controls optics. It is that AI architectures need substantially more optical content, allowing both partners to benefit if execution holds.
#capital #nvda #NYSE
Photo from Coherent website
NVIDIA Corporation (NASDAQ:NVDA) needs faster and more power-efficient connections as clusters grow to enormous numbers of accelerators. Strategic access to lasers and optical components can reduce supply risk and help Nvidia coordinate networking with its computing roadmap. The bull case is that Nvidia secures a critical input before demand peaks. The bear case is that purchase commitments could become less attractive if technologies shift or capacity expands faster than customers need.
Coherent Corp. (NYSE:COHR) gains capital, demand visibility, and validation from the AI industry's most influential platform company. Its lasers, transceivers, and materials can participate as data movement consumes a larger share of system power and cost. Yet scaling production requires capital expenditures and working capital well before all revenue is recognized. Customer concentration, manufacturing yields, pricing negotiations, and technology transitions can determine whether volume growth becomes attractive free cash flow.
The nonexclusive structure is important here. Nvidia can support capacity without surrendering alternative suppliers, while Coherent can sell beyond Nvidia. That makes the arrangement more resilient than an acquisition, but it also limits exclusivity as a competitive moat. The strongest thesis is not that one partner controls optics. It is that AI architectures need substantially more optical content, allowing both partners to benefit if execution holds.
#capital #nvda #NYSE
2 months ago
Hurlston said two AI data center links could double a hyperscaler's entire decade of backbone capacity, with Lumentum pump laser shipments set to quadruple.
Hyperscalers are pre-funding Lumentum's buildout through long-term agreements, with CIEN and AAOI up 85% and 296% YTD on the same scale-across demand wave.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Ciena didn't make the cut. Grab the names FREE today.
Shares of Lumentum (NASDAQ:LITE) are trading at $936.95 in Thursday's session, hovering near flat after opening at $925.02. The broader optical complex is mixed as the group digests a heavy earnings week. Ciena (NYSE:CIEN) is up 6.04%, while Coherent (NYSE:COHR) is down 3.66% and Cisco (NASDAQ:CSCO) is off 8.27%.
Despite choppiness in earnings season, optics stocks have generally rallied across the past year. A quote from Lumentum CEO delivered during the company's Q4 earnings call on Monday provides context into why so many stocks that have been flat for a decade are now seeing their share charts inflect up at a record rate.
#stocks #decade #across
Hyperscalers are pre-funding Lumentum's buildout through long-term agreements, with CIEN and AAOI up 85% and 296% YTD on the same scale-across demand wave.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Ciena didn't make the cut. Grab the names FREE today.
Shares of Lumentum (NASDAQ:LITE) are trading at $936.95 in Thursday's session, hovering near flat after opening at $925.02. The broader optical complex is mixed as the group digests a heavy earnings week. Ciena (NYSE:CIEN) is up 6.04%, while Coherent (NYSE:COHR) is down 3.66% and Cisco (NASDAQ:CSCO) is off 8.27%.
Despite choppiness in earnings season, optics stocks have generally rallied across the past year. A quote from Lumentum CEO delivered during the company's Q4 earnings call on Monday provides context into why so many stocks that have been flat for a decade are now seeing their share charts inflect up at a record rate.
#stocks #decade #across
2 months ago
AXT has surged 351% YTD but is pausing as traders de-risk ahead of Lumentum's closely watched earnings after tonight's close.
Coherent, up 76% YTD, plans to double internal InP wafer output by year-end 2026, a direct demand signal for AXT substrates.
Lumentum has beaten EPS four straight quarters, with past beats averaging a 7% day-of gain and 15% one-week gain.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Shares of AXT (NASDAQ:AXTI) are drifting lower midday Tuesday, changing hands near $74 and roughly flat on the session. The relatively calm day follows a whip saw previous week that saw shares spike and then drop nearly 17% yesterday. Overall, AXT has rebounded from trading down to $36.97 on July 29th's close.
#coherent #sofi1
Coherent, up 76% YTD, plans to double internal InP wafer output by year-end 2026, a direct demand signal for AXT substrates.
Lumentum has beaten EPS four straight quarters, with past beats averaging a 7% day-of gain and 15% one-week gain.
It sounds nuts, but SoFi1 is giving new Active Invest users up to $3,000 in stock for a limited time, and all it takes is a $50 deposit to get started.2 See for yourself (Sponsor)
Shares of AXT (NASDAQ:AXTI) are drifting lower midday Tuesday, changing hands near $74 and roughly flat on the session. The relatively calm day follows a whip saw previous week that saw shares spike and then drop nearly 17% yesterday. Overall, AXT has rebounded from trading down to $36.97 on July 29th's close.
#coherent #sofi1
2 months ago
Pre-season can often feel like a series of disconnected exercises, a scatter of flights, sessions and carefully managed minutes, but for Liverpool this weekend carries a little more weight. AS Monaco's visit to Anfield offers Andoni Iraola his first home game as head coach, and with it the first proper glimpse of how his Liverpool may begin to take shape in front of its own support.
There is, of course, little value in chasing definitive conclusions from early August football. Fitness remains the principal concern, rhythm the secondary one. Yet these occasions matter because they establish tone. They hint at standards. They reveal, in fragments, what a coach wants his team to become. Iraola, returning with his squad from a summer tour of the United States, has made clear that this next phase of Liverpool's preparation is about tightening the weave, bringing players together and nudging the season into focus.
Writing ahead of the game, he said: "I hope you all enjoyed a good summer break, and I hope you are all looking forward to Sunday's game as much as we are." It is the language of welcome, but also of invitation. Liverpool's new head coach understands that management at Anfield is never merely technical. It demands emotional fluency, a sense of collective purpose, and an ability to bind team and crowd into a single, coherent force.
Photo: IMAGO
The trip to the USA appears to have served more than one purpose. It offered Iraola and his staff a chance to absorb the scale of the club, to encounter supporters in different cities, and to begin imprinting ideas on the training ground. Those details matter. Modern coaching is a process of repetition, but also of persuasion. Before a system can thrive, a squad has to understand its tempo, its distances and its obligations.
#game #first
There is, of course, little value in chasing definitive conclusions from early August football. Fitness remains the principal concern, rhythm the secondary one. Yet these occasions matter because they establish tone. They hint at standards. They reveal, in fragments, what a coach wants his team to become. Iraola, returning with his squad from a summer tour of the United States, has made clear that this next phase of Liverpool's preparation is about tightening the weave, bringing players together and nudging the season into focus.
Writing ahead of the game, he said: "I hope you all enjoyed a good summer break, and I hope you are all looking forward to Sunday's game as much as we are." It is the language of welcome, but also of invitation. Liverpool's new head coach understands that management at Anfield is never merely technical. It demands emotional fluency, a sense of collective purpose, and an ability to bind team and crowd into a single, coherent force.
Photo: IMAGO
The trip to the USA appears to have served more than one purpose. It offered Iraola and his staff a chance to absorb the scale of the club, to encounter supporters in different cities, and to begin imprinting ideas on the training ground. Those details matter. Modern coaching is a process of repetition, but also of persuasion. Before a system can thrive, a squad has to understand its tempo, its distances and its obligations.
#game #first
2 months ago
Everton looked a lot more coherent last weekend at Hamburg, and we'll see how much a week's worth of training in Germany has helped them. Today they are in the south taking on VFB Stuttgart. Die Roten (The Reds) followed up their impressive second-placed finish in the Bundesliga three seasons ago with a fourth-placed finish last season which will see them in the Champions League this autumn.
Evertontv will bring you live coverage from both matches. One-time match passes are available for £5.99 per fixture – click here to purchase a live stream now.
Competition: 26-27 Preseason Game 5
Date and start time: Saturday, August 8th at 10:00 a.m. PT / 11:00 a.m ET / 4:00 p.m. BST
Stadium: MHPArena, Stuttgart, Germany
#finish #hamburg #today
Evertontv will bring you live coverage from both matches. One-time match passes are available for £5.99 per fixture – click here to purchase a live stream now.
Competition: 26-27 Preseason Game 5
Date and start time: Saturday, August 8th at 10:00 a.m. PT / 11:00 a.m ET / 4:00 p.m. BST
Stadium: MHPArena, Stuttgart, Germany
#finish #hamburg #today
2 months ago
Artificial intelligence (AI) has been creating winners across the tech industry, but not every company benefiting from the boom sits in the spotlight. Some are quietly powering the infrastructure behind the AI revolution, and Coherent Corporation (COHR) is one of them. The world's leading photonics company has become an increasingly important player as data centers race to replace aging copper connections with high-speed fiber-optic networks capable of handling the massive amounts of data generated by AI and cloud computing.
That shift has transformed Coherent's optical networking business from what was once considered a cyclical, slow-growing segment into the company's biggest growth engine. The opportunity has only grown larger as hyperscalers continue expanding their AI infrastructure, and the market has taken notice. Earlier this year, Nvidia Corporation (NVDA) reinforced that optimism with a $2 billion investment in Coherent, adding another vote of confidence in the company's long-term prospects. Combined with strong execution, those tailwinds have helped fuel an impressive rally in COHR stock over the past year.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ***** eX Earnings on Tap
#important #billion #rally
That shift has transformed Coherent's optical networking business from what was once considered a cyclical, slow-growing segment into the company's biggest growth engine. The opportunity has only grown larger as hyperscalers continue expanding their AI infrastructure, and the market has taken notice. Earlier this year, Nvidia Corporation (NVDA) reinforced that optimism with a $2 billion investment in Coherent, adding another vote of confidence in the company's long-term prospects. Combined with strong execution, those tailwinds have helped fuel an impressive rally in COHR stock over the past year.
Jeff Bezos Says He's Selling $1 Billion In Amazon Stock Every Year to Fund Blue Origin — 'It's The Most Important Work I'm Doing'
Apple's New CEO Is Bringing a Familiar Face Back From Retirement. The Shift Is Happening.
Nasdaq Futures Climb as Tech Rally Continues on Palantir Boost, U.S. JOLTS Report and ***** eX Earnings on Tap
#important #billion #rally
2 months ago
The FCC is drafting a ban on Chinese transceivers, a move that matters given China controls over 50% of global supply, directly elevating AAOI and COHR as US manufacturing alternatives.
LITE's revenue surged 90% to $808 million as a hyperscaler pure-play, while CRDO offers a contrarian copper-substitute payoff if optical shortages deepen.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Coherent didn't make the cut. Grab the names FREE today.
China controls more than 50% of the global transceiver market, and the Federal Communications Commission is drafting a measure to bar imports of new Chinese optical transceivers, with officials hoping to publish the rule this year. Optical transceivers are the fiber-optic pipes that move AI training data between GPUs at the speed of light. If Washington chokes off the biggest supplier while hyperscalers are already fighting over every unit, the small handful of US-listed optical names left standing get to write their own ticket. Here are the five directly in the blast radius.
Start with the name most portfolios don't own. Applied Optoelectronics (NASDAQ:AAOI) is a Sugar Land, Texas transceiver maker that has spent the past year rebuilding capacity on American soil, precisely the profile the Trump administration would elevate if a ban lands. CEO Thompson Lin has already told investors the company is "well positioned to become the premier high-volume U.S. producer of AI-focused data center transceivers and optics."
#chinese #drafting #move
LITE's revenue surged 90% to $808 million as a hyperscaler pure-play, while CRDO offers a contrarian copper-substitute payoff if optical shortages deepen.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Coherent didn't make the cut. Grab the names FREE today.
China controls more than 50% of the global transceiver market, and the Federal Communications Commission is drafting a measure to bar imports of new Chinese optical transceivers, with officials hoping to publish the rule this year. Optical transceivers are the fiber-optic pipes that move AI training data between GPUs at the speed of light. If Washington chokes off the biggest supplier while hyperscalers are already fighting over every unit, the small handful of US-listed optical names left standing get to write their own ticket. Here are the five directly in the blast radius.
Start with the name most portfolios don't own. Applied Optoelectronics (NASDAQ:AAOI) is a Sugar Land, Texas transceiver maker that has spent the past year rebuilding capacity on American soil, precisely the profile the Trump administration would elevate if a ban lands. CEO Thompson Lin has already told investors the company is "well positioned to become the premier high-volume U.S. producer of AI-focused data center transceivers and optics."
#chinese #drafting #move
2 months ago
Aston Villa look set to complete a smart piece of business, with Marca reporting that Matteo Ruggeri is on the verge of leaving Atlético Madrid for Villa Park. The broad outline is simple, Villa have reached an agreement with Atlético, and the only thing left is the player's final approval.
The numbers matter. Villa would pay £18 million guaranteed, with a further £6 million in variables. For a left-back who has clearly dropped out of the immediate picture, that is a deal Atlético are ready to take and one Villa seem comfortable backing. There is no mystery here, his future has shifted quickly and decisively.
Ruggeri will not travel with Atlético on their pre-season trip to South Korea, which tells you plenty. Clubs do not make that call unless they expect movement. After talks involving his representatives and Villa, the operation has advanced to the point where his departure now feels like a matter of timing rather than doubt.
He had worked with the main group earlier in pre-season, but once Villa's interest became serious, his situation changed. That usually means the coaching staff and the hierarchy are already planning for life after the player. Juventus and Roma checked on him earlier in the summer, while Liverpool and Newcastle reportedly asked late questions, yet Villa have done the heavy lifting.
From Villa's perspective, this is coherent squad building. Unai Emery wants options, reliability and tactical discipline in wide areas. Ruggeri fits that profile. He is young, he comes from a high-level environment, and the fee is not reckless by Premier League standards.
#left #aston #marca
The numbers matter. Villa would pay £18 million guaranteed, with a further £6 million in variables. For a left-back who has clearly dropped out of the immediate picture, that is a deal Atlético are ready to take and one Villa seem comfortable backing. There is no mystery here, his future has shifted quickly and decisively.
Ruggeri will not travel with Atlético on their pre-season trip to South Korea, which tells you plenty. Clubs do not make that call unless they expect movement. After talks involving his representatives and Villa, the operation has advanced to the point where his departure now feels like a matter of timing rather than doubt.
He had worked with the main group earlier in pre-season, but once Villa's interest became serious, his situation changed. That usually means the coaching staff and the hierarchy are already planning for life after the player. Juventus and Roma checked on him earlier in the summer, while Liverpool and Newcastle reportedly asked late questions, yet Villa have done the heavy lifting.
From Villa's perspective, this is coherent squad building. Unai Emery wants options, reliability and tactical discipline in wide areas. Ruggeri fits that profile. He is young, he comes from a high-level environment, and the fee is not reckless by Premier League standards.
#left #aston #marca
2 months ago
Two of the biggest listings in market history are queued up for the back end of this year, and punters are already pricing the run-in.
Polymarket has opened books on where OpenAI (Unlisted:OPAI) and Anthropic (Unlisted (US):ANTHRO) private valuations land at the end of August, settled on the price reported by Nasdaq Private Market.
The contrast between the two is the interesting bit. OpenAI's market is tightly clustered and reasonably well traded, with 54% on a valuation of $800 billion to $900 billion, and a further 23% on $900 billion to $1 trillion.
That is basically a bet on nothing happening, since OpenAI was last marked at $852 billion in March and has sat there ever since. A related market gives it a 57% chance of touching $900 billion by 31 August.
Anthropic's book, by comparison, is barely trading, with most brackets showing no volume at all and prices that do not add up to a coherent picture.
#unlisted #polymarket
Polymarket has opened books on where OpenAI (Unlisted:OPAI) and Anthropic (Unlisted (US):ANTHRO) private valuations land at the end of August, settled on the price reported by Nasdaq Private Market.
The contrast between the two is the interesting bit. OpenAI's market is tightly clustered and reasonably well traded, with 54% on a valuation of $800 billion to $900 billion, and a further 23% on $900 billion to $1 trillion.
That is basically a bet on nothing happening, since OpenAI was last marked at $852 billion in March and has sat there ever since. A related market gives it a 57% chance of touching $900 billion by 31 August.
Anthropic's book, by comparison, is barely trading, with most brackets showing no volume at all and prices that do not add up to a coherent picture.
#unlisted #polymarket
2 months ago
Stocks rallied Monday
. The Dow Jones Industrial Average hit a record after President Donald Trump said he would restart talks with Iran, which bolstered investors’ hopes of a cease-fire in the Middle East.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Palantir leads the S&P 500. Coherent and more AI names are rising sharply. ******* eX will issue its first earnings report after the closing bell Tuesday.
#Monday #president #Iran
. The Dow Jones Industrial Average hit a record after President Donald Trump said he would restart talks with Iran, which bolstered investors’ hopes of a cease-fire in the Middle East.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Palantir leads the S&P 500. Coherent and more AI names are rising sharply. ******* eX will issue its first earnings report after the closing bell Tuesday.
#Monday #president #Iran
2 months ago
Corning Incorporated (NYSE:GLW) delivered rapid optical growth on July 28, then suffered a share-price decline of more than 20% after its guidance fell short of elevated expectations. Coherent Corp. (NYSE:COHR) also traded sharply lower. Coherent belongs in this story for a specific reason: the two companies monetize different components of the same AI data-center links.
Corning Incorporated (NYSE:GLW) supplies the passive layer, including optical fiber, cable and dense connector systems. Coherent supplies active devices and modules, including lasers, photodiodes and 800G and 1.6T transceivers that convert electrical signals into light and back again. As clusters add accelerators, network builders need both more fiber paths and faster optical endpoints. Corning's order pace can therefore provide a partial read-through on the volume and timing of deployments that create transceiver demand for Coherent Corp. (NYSE:COHR). It cannot establish Coherent's market share, pricing or margins.
Corning reported second-quarter core sales of $4.74 billion, up 17% year over year, and core earnings of $0.78 a share, up 30%. Optical Communications sales increased 32% to $2.07 billion. Within that segment, Enterprise Networks grew 65%, and the company said generative-AI product sales grew significantly faster.
The disappointment came from the next quarter. Corning projected $4.9 billion to $5.0 billion of third-quarter core sales, about 16% year-over-year growth but slightly below Wall Street's expectation, according to Reuters. Optical growth also eased from 36% in the first quarter to 32% in the second. Corning had gained roughly 64% in 2026 through the prior close, leaving little room for even modest deceleration.
Coherent's own latest quarter, ended March 31, argues against treating Corning's guidance as proof of weaker Coherent operations. Revenue rose 21% to $1.81 billion, GAAP gross margin reached 37.7%, and management cited exceptionally strong data-center and communications demand while expanding capacity. Its product roadmap includes 1.6T transceivers, lasers and photodiodes for AI networks. Different customer mixes, active-component content and manufacturing yields can make its results diverge from Corning's.
#corning #optical
Corning Incorporated (NYSE:GLW) supplies the passive layer, including optical fiber, cable and dense connector systems. Coherent supplies active devices and modules, including lasers, photodiodes and 800G and 1.6T transceivers that convert electrical signals into light and back again. As clusters add accelerators, network builders need both more fiber paths and faster optical endpoints. Corning's order pace can therefore provide a partial read-through on the volume and timing of deployments that create transceiver demand for Coherent Corp. (NYSE:COHR). It cannot establish Coherent's market share, pricing or margins.
Corning reported second-quarter core sales of $4.74 billion, up 17% year over year, and core earnings of $0.78 a share, up 30%. Optical Communications sales increased 32% to $2.07 billion. Within that segment, Enterprise Networks grew 65%, and the company said generative-AI product sales grew significantly faster.
The disappointment came from the next quarter. Corning projected $4.9 billion to $5.0 billion of third-quarter core sales, about 16% year-over-year growth but slightly below Wall Street's expectation, according to Reuters. Optical growth also eased from 36% in the first quarter to 32% in the second. Corning had gained roughly 64% in 2026 through the prior close, leaving little room for even modest deceleration.
Coherent's own latest quarter, ended March 31, argues against treating Corning's guidance as proof of weaker Coherent operations. Revenue rose 21% to $1.81 billion, GAAP gross margin reached 37.7%, and management cited exceptionally strong data-center and communications demand while expanding capacity. Its product roadmap includes 1.6T transceivers, lasers and photodiodes for AI networks. Different customer mixes, active-component content and manufacturing yields can make its results diverge from Corning's.
#corning #optical
2 months ago
Newcastle United have been linked with plenty of centre-backs over the past few windows, but Giorgio Scalvini feels like one of the more coherent names on the list. According to Tutto Atalanta, Atalanta are now prepared to listen if a club comes forward with €45 million for the Italy international.
That matters, because for a long time the message from Bergamo was simple, Scalvini was not going anywhere. Now there is movement. Clubs do not shift their position for the fun of it. They do it when they need flexibility, and Atalanta appear ready to create room for a squad refresh after other plans failed to materialise.
Photo IMAGO
From Newcastle's perspective, the appeal is obvious. Scalvini is 22, has already played more than 100 senior games, and has international experience with Italy. That is a serious body of work for a defender of his age. He is not a raw project and he is not being signed purely on upside. He already looks like a player built for a high-level team.
He also fits the practical brief. Eddie Howe needs another central defender, particularly one capable of complementing Sven Botman over the long term. Scalvini's ability on the ball, his comfort stepping into midfield, and his aerial strength all line up with what Newcastle need. This is not about buying a name, it is about buying function.
#scalvini #international #long
That matters, because for a long time the message from Bergamo was simple, Scalvini was not going anywhere. Now there is movement. Clubs do not shift their position for the fun of it. They do it when they need flexibility, and Atalanta appear ready to create room for a squad refresh after other plans failed to materialise.
Photo IMAGO
From Newcastle's perspective, the appeal is obvious. Scalvini is 22, has already played more than 100 senior games, and has international experience with Italy. That is a serious body of work for a defender of his age. He is not a raw project and he is not being signed purely on upside. He already looks like a player built for a high-level team.
He also fits the practical brief. Eddie Howe needs another central defender, particularly one capable of complementing Sven Botman over the long term. Scalvini's ability on the ball, his comfort stepping into midfield, and his aerial strength all line up with what Newcastle need. This is not about buying a name, it is about buying function.
#scalvini #international #long
2 months ago
Generating $48,000 annually requires capital ranging from $400,000 at a 12% yield to $1,371,000 at 3.5%, depending on your chosen income tier.
Dividend growers like KO and MCD have multiplied payouts many times over decades, making them stronger inflation hedges than high-yield funds with flat distributions.
Aggressive-yield vehicles like covered-call funds and mortgage REITs frequently return capital rather than grow it, causing gradual principal erosion even as distributions arrive.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Replacing $4,000 a month in take-home pay through dividends means generating $48,000 a year without touching principal. That number sits close to the $68,391 per capita disposable income the Bureau of Economic ******* ysis reported for the first quarter of 2026, and it is well within reach for anyone with real capital and a coherent yield strategy. The question is what yield you accept, and what you trade to get it.
#generating
Dividend growers like KO and MCD have multiplied payouts many times over decades, making them stronger inflation hedges than high-yield funds with flat distributions.
Aggressive-yield vehicles like covered-call funds and mortgage REITs frequently return capital rather than grow it, causing gradual principal erosion even as distributions arrive.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
Replacing $4,000 a month in take-home pay through dividends means generating $48,000 a year without touching principal. That number sits close to the $68,391 per capita disposable income the Bureau of Economic ******* ysis reported for the first quarter of 2026, and it is well within reach for anyone with real capital and a coherent yield strategy. The question is what yield you accept, and what you trade to get it.
#generating
3 months ago
Viavi Solutions Inc. (NASDAQ:VIAV) is one of the top stocks to buy according to Whale Rock Capital Management. On July 1, Susquehanna ***** yst Mehdi Hosseini raised his price target on Viavi Solutions Inc. (NASDAQ:VIAV) to $66 from $60, while maintaining his Positive rating on the stock.
The reason for the call, according to Hosseini, was that Susquehanna was updating its estimates to reflect a higher Field Instrument revenue contribution. Viavi's Field Instrument business is a product line within its Network and Service Enablement segment that supplies handheld and portable testing tools used by technicians to install, troubleshoot, and maintain fiber and network equipment in the field. Hosseini's team lifted its revenue estimates for this business because they now expect a stronger ramp in data center interconnect, or DCI, deployments at two of Viavi's major optical networking customers; that is Nokia and Ciena.
DCI refers to the high-capacity optical links that connect data centers to each other. The ***** ysts noted that demand for this technology has been surging as hyperscale cloud providers race to expand AI computing capacity. They added that Nokia and Ciena are both racing to supply next-generation coherent optical equipment for these DCI links, and that Nokia recently unveiled a new suite of pluggable optical transceivers specifically built for DCI.
As these vendors ramp production and deployment of their new DCI and scale-across optical gear, they generate more business for Viavi, the ***** ysts noted.
Viavi Solutions Inc. (NASDAQ:VIAV) is a network test, monitoring, and ***** urance company. It provides testing, monitoring, ***** urance, and security solutions for telecommunications, cloud, enterprise, military, aerospace, and critical infrastructure networks across the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
The reason for the call, according to Hosseini, was that Susquehanna was updating its estimates to reflect a higher Field Instrument revenue contribution. Viavi's Field Instrument business is a product line within its Network and Service Enablement segment that supplies handheld and portable testing tools used by technicians to install, troubleshoot, and maintain fiber and network equipment in the field. Hosseini's team lifted its revenue estimates for this business because they now expect a stronger ramp in data center interconnect, or DCI, deployments at two of Viavi's major optical networking customers; that is Nokia and Ciena.
DCI refers to the high-capacity optical links that connect data centers to each other. The ***** ysts noted that demand for this technology has been surging as hyperscale cloud providers race to expand AI computing capacity. They added that Nokia and Ciena are both racing to supply next-generation coherent optical equipment for these DCI links, and that Nokia recently unveiled a new suite of pluggable optical transceivers specifically built for DCI.
As these vendors ramp production and deployment of their new DCI and scale-across optical gear, they generate more business for Viavi, the ***** ysts noted.
Viavi Solutions Inc. (NASDAQ:VIAV) is a network test, monitoring, and ***** urance company. It provides testing, monitoring, ***** urance, and security solutions for telecommunications, cloud, enterprise, military, aerospace, and critical infrastructure networks across the Americas, Asia-Pacific, Europe, the Middle East, and Africa.
3 months ago
As of roughly noon E.T., the S&P 500 (SNPINDEX:^GSPC) rose 0.56% to 7,524.39, the Nasdaq Composite (NASDAQINDEX:^IXIC) climbed 0.78% to 26,073.17, and the Dow Jones Industrial Average (DJINDICES:^DJI) added 0.24% to 52,473.28 as AI chip strength helped markets stabilize after war‑driven volatility.
Chip and optical‑communication names, including Marvell Technology (NASDAQ:MRVL), Corning (NYSE:GLW), Coherent (NYSE:COHR), and Lumentum (NASDAQ:LITE), were among the day's notable gainers amid sector‑wide demand for communications chips. However, high-valuation AI behemoth Palantir (NASDAQ:PLTR) extended its 29% decline year-to-date, dropping about 4% so far today.
Despite the U.S.-Iran ceasefire being paused for now, and the market facing a growing drumbeat of **** ysts saying we might be in "bubbly" territory, stocks surged higher today, buoyed by the strength of AI and semiconductor stocks. In addition to a handful of **** yst upgrades of semiconductor stocks, SK Hynix's upcoming U.S. ADR offering is estimated to be more than seven times oversubscribed, indicating that immense investor appetite remains in the **** e.
Elsewhere, PepsiCo (NASDAQ:PEP) unofficially kicked off earnings season this morning, delivering mixed earnings that prompted shares to dip roughly 3%. The beverages and snacks giant grew sales by 6% in the second quarter, but said it saw weaker consumer spending in the U.S. due to higher gas prices and broader macroeconomic volatility.
Whether or not the AI and technology industries are indeed in "bubbly territory" as many **** ysts suggest, there are a surprising number of S&P 500 stocks near their 52-week lows, so plenty of opportunities remain despite the indexes trading at or near all-time highs.
Chip and optical‑communication names, including Marvell Technology (NASDAQ:MRVL), Corning (NYSE:GLW), Coherent (NYSE:COHR), and Lumentum (NASDAQ:LITE), were among the day's notable gainers amid sector‑wide demand for communications chips. However, high-valuation AI behemoth Palantir (NASDAQ:PLTR) extended its 29% decline year-to-date, dropping about 4% so far today.
Despite the U.S.-Iran ceasefire being paused for now, and the market facing a growing drumbeat of **** ysts saying we might be in "bubbly" territory, stocks surged higher today, buoyed by the strength of AI and semiconductor stocks. In addition to a handful of **** yst upgrades of semiconductor stocks, SK Hynix's upcoming U.S. ADR offering is estimated to be more than seven times oversubscribed, indicating that immense investor appetite remains in the **** e.
Elsewhere, PepsiCo (NASDAQ:PEP) unofficially kicked off earnings season this morning, delivering mixed earnings that prompted shares to dip roughly 3%. The beverages and snacks giant grew sales by 6% in the second quarter, but said it saw weaker consumer spending in the U.S. due to higher gas prices and broader macroeconomic volatility.
Whether or not the AI and technology industries are indeed in "bubbly territory" as many **** ysts suggest, there are a surprising number of S&P 500 stocks near their 52-week lows, so plenty of opportunities remain despite the indexes trading at or near all-time highs.
3 months ago
Tower Semiconductor Ltd. (NASDAQ:TSEM) is one of the top stocks to buy according to Whale Rock Capital Management. On June 18, Tower Semiconductor Ltd. (NASDAQ:TSEM) announced that it has shipped more than five million coherent photonic integrated circuits (PICs) to global customers of its partner Marvell Technology.
These chips are used in coherent optical transceivers, which are specialized components that transmit data over fiber optic cables. According to Tower, these components are increasingly needed to link data centers as AI computing drives up demand for network bandwidth and speed. It added that coherent PICs are harder to build than simpler chip types because they must precisely control both the phase and polarization of light. Tower has been working with Marvell to push this technology forward, including combining silicon with other specialized materials, stacking electronic components in three dimensions, and using an advanced packaging method known as V-Grooves to improve how light is guided through the chip.
Dr. Ed Preisler, who leads Tower's RF Business Unit, said the company's photonics manufacturing platforms need to keep evolving alongside the requirements of coherent optical transceivers, and that Tower is proud of its partnership with Marvell in this area.
For Dr. Radha Nagarajan, Marvell's chief technology officer for optical engineering, the shipment is a milestone that proves the strength of the two companies' collaboration. Nagarajan added that Marvell intends to keep working with Tower to develop next-generation coherent technology suited to large-scale data center networks.
Tower Semiconductor Ltd. (NASDAQ:TSEM) is a specialized semiconductor foundry. It provides technology, development, and process platforms for integrated circuits, including SiPho, SiGe, CMOS image sensor, RF CMOS, mixed signal CMOS, non-imaging sensors, and integrated power management technologies.
These chips are used in coherent optical transceivers, which are specialized components that transmit data over fiber optic cables. According to Tower, these components are increasingly needed to link data centers as AI computing drives up demand for network bandwidth and speed. It added that coherent PICs are harder to build than simpler chip types because they must precisely control both the phase and polarization of light. Tower has been working with Marvell to push this technology forward, including combining silicon with other specialized materials, stacking electronic components in three dimensions, and using an advanced packaging method known as V-Grooves to improve how light is guided through the chip.
Dr. Ed Preisler, who leads Tower's RF Business Unit, said the company's photonics manufacturing platforms need to keep evolving alongside the requirements of coherent optical transceivers, and that Tower is proud of its partnership with Marvell in this area.
For Dr. Radha Nagarajan, Marvell's chief technology officer for optical engineering, the shipment is a milestone that proves the strength of the two companies' collaboration. Nagarajan added that Marvell intends to keep working with Tower to develop next-generation coherent technology suited to large-scale data center networks.
Tower Semiconductor Ltd. (NASDAQ:TSEM) is a specialized semiconductor foundry. It provides technology, development, and process platforms for integrated circuits, including SiPho, SiGe, CMOS image sensor, RF CMOS, mixed signal CMOS, non-imaging sensors, and integrated power management technologies.
3 months ago
We just covered Avoid ******* eX and Buy These 11 Stocks Instead. Nokia (NYSE:NOK) ranks #5 (see Avoid ******* eX and Buy These 5 Stocks Instead).
Number of Hedge Fund Investors: 66
Redditors are saying Nokia (NYSE:NOK) should not be seen as an old-school telecom equipment company hanging on for dear life. It has transformed. Nokia is emerging as a serious player in AI infrastructure. That's the real story that Wall Street is still catching up on.
In Q1 2026, Nokia's AI and cloud sales jumped 49% year over year. This segment now accounts for about 8% of Nokia's (NYSE:NOK) total revenue. In just the first quarter, Nokia pulled in €1 billion in AI and cloud orders. Those are firm purchase orders with real delivery dates from real customers. The order backlog is so big that lead times are running 12 to 18 months. Demand is crushing what the company can supply right now.
But what exactly is Nokia (NYSE:NOK) making for AI? Here's what matters. Nokia makes optical networking equipment. When hyperscalers build massive data centers, they need to connect all those servers together with super-fast fiber optic cables. Nokia makes the equipment that puts data onto those cables and pulls it off. It's called coherent optical technology. This equipment lets data move really fast and really efficiently between data centers and inside data centers.
Number of Hedge Fund Investors: 66
Redditors are saying Nokia (NYSE:NOK) should not be seen as an old-school telecom equipment company hanging on for dear life. It has transformed. Nokia is emerging as a serious player in AI infrastructure. That's the real story that Wall Street is still catching up on.
In Q1 2026, Nokia's AI and cloud sales jumped 49% year over year. This segment now accounts for about 8% of Nokia's (NYSE:NOK) total revenue. In just the first quarter, Nokia pulled in €1 billion in AI and cloud orders. Those are firm purchase orders with real delivery dates from real customers. The order backlog is so big that lead times are running 12 to 18 months. Demand is crushing what the company can supply right now.
But what exactly is Nokia (NYSE:NOK) making for AI? Here's what matters. Nokia makes optical networking equipment. When hyperscalers build massive data centers, they need to connect all those servers together with super-fast fiber optic cables. Nokia makes the equipment that puts data onto those cables and pulls it off. It's called coherent optical technology. This equipment lets data move really fast and really efficiently between data centers and inside data centers.
3 months ago
NBC is less than two weeks away from its most ambitious MLB production yet, and the network’s VP of production, Rob Hyland, laid out exactly how Star-Spangled Sunday is going to work.
The July 5 event — announced as part of NBC’s full 2026 MLB schedule back in January — will see all 15 MLB games air on Peacock, making it the first time in the sport’s history that every game on a single day will be available in one place. NBC will handle two games directly — Mets-Braves and Padres-Dodgers — while 10 others will be produced by local broadcast teams, three of which will air simultaneously in their home markets on Peacock.
Peacock will serve as the central hub for the entire day, offering a four-game tile viewing experience that lets subscribers watch multiple games simultaneously. There will be no home base studio show anchoring the day, but Hyland said NBC is building in as much consistency as possible across all 15 productions.
“There will be a lot of carry-over on this day as you are flipping from game to game,” Hyland said during a recent conference call with reporters.
The upper-left score bug that appears on NBC’s baseball coverage will appear on 14 of the 15 games, with the lone exception being NESN’s broadcast of Red Sox-Angels, which will use its own graphics package. Theme music will be consistent across all broadcasts, and NBC is designing the day to reward channel-flipping with a coherent, unified feel throughout.
The July 5 event — announced as part of NBC’s full 2026 MLB schedule back in January — will see all 15 MLB games air on Peacock, making it the first time in the sport’s history that every game on a single day will be available in one place. NBC will handle two games directly — Mets-Braves and Padres-Dodgers — while 10 others will be produced by local broadcast teams, three of which will air simultaneously in their home markets on Peacock.
Peacock will serve as the central hub for the entire day, offering a four-game tile viewing experience that lets subscribers watch multiple games simultaneously. There will be no home base studio show anchoring the day, but Hyland said NBC is building in as much consistency as possible across all 15 productions.
“There will be a lot of carry-over on this day as you are flipping from game to game,” Hyland said during a recent conference call with reporters.
The upper-left score bug that appears on NBC’s baseball coverage will appear on 14 of the 15 games, with the lone exception being NESN’s broadcast of Red Sox-Angels, which will use its own graphics package. Theme music will be consistent across all broadcasts, and NBC is designing the day to reward channel-flipping with a coherent, unified feel throughout.
4 months ago
Saxonburg, Pennsylvania-based Coherent Corp. (COHR) develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for use in the industrial, communications, electronics, and instrumentation markets worldwide. Valued at a market cap of $81 billion, the company operates through three segments: Networking, Materials, and Lasers.
Companies with a market cap of $10 billion or more are typically referred to as "big-cap stocks." COHR fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the scientific & technical instruments industry.
Dear Rocket Lab Stock Fans, Mark Your Calendars for June 22
Stay Away from Super Micro Computer Stock. It's Hostage to Its Own Mistakes.
Palantir Stock Is Down Nearly 30% in 2026. Here's What It Will Take to Turn Around.
Companies with a market cap of $10 billion or more are typically referred to as "big-cap stocks." COHR fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the scientific & technical instruments industry.
Dear Rocket Lab Stock Fans, Mark Your Calendars for June 22
Stay Away from Super Micro Computer Stock. It's Hostage to Its Own Mistakes.
Palantir Stock Is Down Nearly 30% in 2026. Here's What It Will Take to Turn Around.
4 months ago
Ciena Corporation (NYSE:CIEN) is one of the best AI networking stocks to buy according to ****** ysts. The company gave investors a fresh AI networking update on June 4, when it reported fiscal second-quarter 2026 revenue of $1.57 billion, up 40% year over year.
Ciena also reported adjusted EPS of $1.64, up 290% from the prior-year quarter, and raised its fiscal 2026 revenue outlook to $6.3 billion, plus or minus $100 million. Management tied the performance directly to AI-driven demand, saying the company's long-term strategy is aligned with structural, multi-year opportunities in high-speed connectivity across wide-area networks and in and around data centers.
That matters because AI infrastructure is not only a GPU story. Hyperscale data centers need optical transport, data center interconnect, coherent routing, automation software, and low-latency network capacity to move rising AI workloads. Ciena's homepage describes its cloud and AI networking portfolio as supporting high-capacity, low-latency connectivity, including AI-ready IP networking, data center interconnect, scale-across networks, and scale-up and scale-out networks.
Ciena Corporation (NYSE:CIEN) provides networking systems, components, automation software, and services for high-speed connectivity, data transmission, and network management.
While we acknowledge the potential of CIEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Ciena also reported adjusted EPS of $1.64, up 290% from the prior-year quarter, and raised its fiscal 2026 revenue outlook to $6.3 billion, plus or minus $100 million. Management tied the performance directly to AI-driven demand, saying the company's long-term strategy is aligned with structural, multi-year opportunities in high-speed connectivity across wide-area networks and in and around data centers.
That matters because AI infrastructure is not only a GPU story. Hyperscale data centers need optical transport, data center interconnect, coherent routing, automation software, and low-latency network capacity to move rising AI workloads. Ciena's homepage describes its cloud and AI networking portfolio as supporting high-capacity, low-latency connectivity, including AI-ready IP networking, data center interconnect, scale-across networks, and scale-up and scale-out networks.
Ciena Corporation (NYSE:CIEN) provides networking systems, components, automation software, and services for high-speed connectivity, data transmission, and network management.
While we acknowledge the potential of CIEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
4 months ago
JPMorgan Chase plans to deploy AI agents capable of operating without human intervention for hours at a time later this year, according to CNBC.
Derek Waldron, JPMorgan's chief ****** ytics officer, described a broader shift underway in the technology, with AI agents no longer confined to discrete, single-step tasks but now capable of coordinating complex workflows spanning multiple software environments. "We've entered now the era of long-running autonomous agents," Waldron said. "That means that agents don't just run for two or three minutes to carry out a goal or some instructions of a human, they can run for an hour or two."
That CNBC report suggests the rollout indicates the technology has largely addressed the security and governance obstacles that large organizations have historically cited as barriers to adoption. "We will have those in 2026," Waldron said.
Progress on that front has been driven in part by gains in AI reasoning, and Waldron gave this capacity a name — "intellectual coherence" — to describe whether a model can sustain productive, independent operation over an extended period. Those reasoning improvements have pushed AI systems away from the role of solo executor and toward something closer to a supervisory function, he said. "Just like how people function, team managers can parse out a problem and delegate activities, and teams can run for a lot longer to do more complex things," Waldron said. Waldron also pointed to capabilities such as code generation, browser navigation, and direct interaction with desktop applications as developments that have meaningfully broadened the scope of tasks agents can handle.
Waldron said that over time, agents will be capable of running coherently for "multiple hours, then days, then weeks."
Derek Waldron, JPMorgan's chief ****** ytics officer, described a broader shift underway in the technology, with AI agents no longer confined to discrete, single-step tasks but now capable of coordinating complex workflows spanning multiple software environments. "We've entered now the era of long-running autonomous agents," Waldron said. "That means that agents don't just run for two or three minutes to carry out a goal or some instructions of a human, they can run for an hour or two."
That CNBC report suggests the rollout indicates the technology has largely addressed the security and governance obstacles that large organizations have historically cited as barriers to adoption. "We will have those in 2026," Waldron said.
Progress on that front has been driven in part by gains in AI reasoning, and Waldron gave this capacity a name — "intellectual coherence" — to describe whether a model can sustain productive, independent operation over an extended period. Those reasoning improvements have pushed AI systems away from the role of solo executor and toward something closer to a supervisory function, he said. "Just like how people function, team managers can parse out a problem and delegate activities, and teams can run for a lot longer to do more complex things," Waldron said. Waldron also pointed to capabilities such as code generation, browser navigation, and direct interaction with desktop applications as developments that have meaningfully broadened the scope of tasks agents can handle.
Waldron said that over time, agents will be capable of running coherently for "multiple hours, then days, then weeks."
8 months ago
The faster you go on a bike or in a car, the more things appear to visually stream past. Your brain synthesizes this “optic flow” to estimate your speed relative to a cognitive map of your surroundings. Bats face an ******* ogous navigation task as they fly through their environments, except they rely on acoustic inputs as they echolocate in the dark. How they synthesize the myriad individual echoes into a coherent perception of speed relative to surroundings has been a mystery.
A study published in Proceedings of the Royal Society B reported evidence that echolocating bats are using acoustic
A study published in Proceedings of the Royal Society B reported evidence that echolocating bats are using acoustic
