# Coherent > Markdown twin of https://roboterminal.app/companies/coherent · https://roboterminal.app/companies/coherent.md - **Ticker:** COHR ## On shared sources - [Lumentum](https://roboterminal.app/companies/lumentum) (41) - [NVIDIA](https://roboterminal.app/companies/nvidia) (21) - [Applied Optoelectronics](https://roboterminal.app/companies/applied-optoelectronics) (20) - [Broadcom](https://roboterminal.app/companies/broadcom) (10) - [AMD](https://roboterminal.app/companies/amd) (6) - [Marvell](https://roboterminal.app/companies/marvell) (6) - [Credo](https://roboterminal.app/companies/credo) (5) - [Ciena](https://roboterminal.app/companies/ciena) (4) - [Google](https://roboterminal.app/companies/google) (4) - [Morgan Stanley](https://roboterminal.app/companies/morgan-stanley) (4) - [Nomura](https://roboterminal.app/companies/nomura) (4) - [Corning](https://roboterminal.app/companies/corning) (3) - [Meta](https://roboterminal.app/companies/meta) (3) - [Tower Semiconductor](https://roboterminal.app/companies/tower-semiconductor) (3) - [TSMC](https://roboterminal.app/companies/tsmc) (3) - [CoreWeave](https://roboterminal.app/companies/coreweave) (2) - [Goldman Sachs](https://roboterminal.app/companies/goldman-sachs) (2) - [Milk Road AI](https://roboterminal.app/companies/milk-road-ai) (2) - [Vertiv](https://roboterminal.app/companies/vertiv) (2) - [ams OSRAM](https://roboterminal.app/companies/ams-osram) (1) - [ASML](https://roboterminal.app/companies/asml) (1) - [AXT](https://roboterminal.app/companies/axt) (1) - [Ayar Labs](https://roboterminal.app/companies/ayar-labs) (1) - [Celestica](https://roboterminal.app/companies/celestica) (1) - [Cisco](https://roboterminal.app/companies/cisco) (1) - [Fabrinet](https://roboterminal.app/companies/fabrinet) (1) - [Ge Vernova](https://roboterminal.app/companies/ge-vernova) (1) - [GlobalFoundries](https://roboterminal.app/companies/globalfoundries) (1) - [HSBC](https://roboterminal.app/companies/hsbc) (1) - [Intel](https://roboterminal.app/companies/intel) (1) - [Lightmatter](https://roboterminal.app/companies/lightmatter) (1) - [McKinsey](https://roboterminal.app/companies/mckinsey) (1) - [Micron](https://roboterminal.app/companies/micron) (1) - [Milk Road Pro](https://roboterminal.app/companies/milk-road-pro) (1) - [Mitsubishi](https://roboterminal.app/companies/mitsubishi) (1) - [Mizuho](https://roboterminal.app/companies/mizuho) (1) - [Mrvl](https://roboterminal.app/companies/mrvl) (1) - [Nebius](https://roboterminal.app/companies/nebius) (1) - [Open Compute Project](https://roboterminal.app/companies/open-compute-project) (1) - [OpenAI](https://roboterminal.app/companies/openai) (1) - [SemiAnalysis](https://roboterminal.app/companies/semianalysis) (1) - [SpaceX](https://roboterminal.app/companies/spacex) (1) - [STMicroelectronics](https://roboterminal.app/companies/stmicroelectronics) (1) - [Sumitomo](https://roboterminal.app/companies/sumitomo) (1) ## Pulse - [@CKCapitalxx on X](https://x.com/CKCapitalxx/status/2112594250865000720) I still think Photonics is one of the best sectors to be in. Still so much upside in names like $LITE, $AAOI, $COHR, $FN. Good opportunities here after the recent drawdown. - [@pequityresearch on X](https://x.com/pequityresearch/status/2111587049950294183) Expert call covering optical components & datacom – 800G/1.6T adoption, Coherent vs. Lumentum vs. Asian module suppliers, AI cluster optical density, and Q4/2027 pricing & volume outlook. $COHR $LITE … - [@pequityresearch on X](https://x.com/pequityresearch/status/2111534459598336045) Bloomberg Intelligence: scale-up optical engine market forecasted to reach $90 billion in 2030, up from $279 million in 2026 or 322x. OCS market expected to reach $8 billion in 2030. $GOOGL $LITE $COH… - [@pequityresearch on X](https://x.com/pequityresearch/status/2111518605447999581) InP substrate supply chain $LITE $COHR $AXTI $AVGO $AAOI - [@pequityresearch on X](https://x.com/pequityresearch/status/2111306709260190110) LightCounting: Port Shipments in 2031 800G: 99 million 1.6T: 194 million 3.2T: 116 million Via OCP $LITE $COHR $MTSI $AAOI - [@pequityresearch on X](https://x.com/pequityresearch/status/2111095064663654568) Nomura: supply chain for optical devices $COHR $LITE $AAOI $NVDA $CIEN $GOOGL - [@pequityresearch on X](https://x.com/pequityresearch/status/2110916638694596988) Jensen Huang hopes to announce some new partnerships in Europe to unlock more land, power, and shell. Willing to support neoclouds like CoreWeave and Nebius in scaling out in places like Europe. Menti… - [@pequityresearch on X](https://x.com/pequityresearch/status/2110417600379548130) Morgan Stanley: As we move to multi-rack clusters like the Rubin Ultra NVL576, networking doubles its share of total rack value to 20%, while single-rack memory density compresses. GB300 NVL72: 57% GP… - [@pequityresearch on X](https://x.com/pequityresearch/status/2110206207868756247) Good stuff here. Basically all of the companies involved in near packaged optics are here. $COHR $LITE $CIEN $MRVL $INTC $AAOI https://t.co/eByDZuLJst https://t.co/AXMXXWUk7j - [@pequityresearch on X](https://x.com/pequityresearch/status/2110176763477151973) Expert Takeaways: Meta's Optical Demand > Meta signed a $6B deal with Corning for MPO fiber cables to power its next-gen AI data center infrastructure. > Zhongji, Eoptolink, and Cohr lead Meta’s optic… - [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2110096003013689655) The Fed just admitted that AI demand is now big enough to move INFLATION across the entire United States economy. New York Fed President John Williams said today that one more rate hike may be appropr… - [@SemiAnalysis_ on X](https://x.com/SemiAnalysis_/status/2110083449633558951) As the need for training and inference infrastructure grows rapidly, there is demand for increased campus sizes, with the growth mandating campus links have 5 km reach or more. Full Coherent systems a… - [@pequityresearch on X](https://x.com/pequityresearch/status/2109962854489063637) Macquarie is forecasting a 89% CAGR for the transceiver market over 2025-2028E, with S/D conditions remaining tight until FY27. $AAOI $LITE $COHR $MTSI $FN - [@pequityresearch on X](https://x.com/pequityresearch/status/2109813446623576209) Nice visual shared by Nicholas $NVDA $DELL $COHR $LITE $AVGO https://t.co/WlrCn4lAT2 https://t.co/UFGjvbdr8p - [@pequityresearch on X](https://x.com/pequityresearch/status/2109806415007375643) "The optical supply chain has never seen this kind of demand before. Many parts of the supply chain had not had to drastically ramp volumes before and is scrambling." 👍 $LITE $COHR $AMD $CRDO https:/… - [@ren_stocks on X](https://x.com/ren_stocks/status/2109784908306456655) $LITE $COHR $MRVL $AAOI $SIVE Optics sold off today on the NVIDIA and Cisco news. They just co-designed a new pluggable module that packs 4x the bandwidth into the same slot. Fewer modules per GPU sou… - [@CKCapitalxx on X](https://x.com/CKCapitalxx/status/2109705489969979611) Photonics names siding with no bounce at all. $LITE $COHR $AAOI https://t.co/m75ZEqurx9 - [@pequityresearch on X](https://x.com/pequityresearch/status/2109692069748830699) Mizuho: SiPho modules growing from 23 million in 2025 to 45M in 2026E (up 95% y/y), reaching ~188 million by 2029E. $TSEM $GFS $STM $LITE $COHR - [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2109674056731742459) $NVDA just made some HUGE announcements about the future of AI infrastructure. At the Open Compute Project Summit, NVIDIA announced plans to open up more of its next generation Vera Rubin infrastructu… - [@pequityresearch on X](https://x.com/pequityresearch/status/2109075003471765785) BofA has CPO TAM growing to $14.1 billion in 2030E, up from $0.2 billion in 2026E. 206% CAGR '26-'30. $LITE $NVDA $COHR $MRVL $AVGO $TSM https://t.co/1xHSwbPFQT - [@pequityresearch on X](https://x.com/pequityresearch/status/2109044552988586346) Nomura: 1.6T transceiver BOM cost breakdown DSP/MCU/CDR lead with 27% of the BOM cost, followed by 200G EML/LD chip at 26%. $LITE $COHR $MRVL $AAOI $AVGO - [@pequityresearch on X](https://x.com/pequityresearch/status/2109000009438142551) Nomura: based on our estimates, optical lasers/chips, DSP, TIA/driver chips, and PD chips could make up 66%~72% of BOM costs of 800G EML/SiPh transceivers or 1.6T EML/SiPh transceivers. $LITE $COHR $A… - [@pequityresearch on X](https://x.com/pequityresearch/status/2108667568726700328) Morgan Stanley: Coherent is being considered as one of the key FAU (or total solution/fiber kit) suppliers to NVIDIA for Rubin NVL576. $COHR $NVDA https://t.co/Kr0xzCJ5PE - [@pequityresearch on X](https://x.com/pequityresearch/status/2108591819747688463) Morgan Stanley expects Corning, Coherent, and TFC to have larger roles than FOCI in NVIDIA's CPO programs in Rubin NVL576 generation. $GLW $COHR - [@CKCapitalxx on X](https://x.com/CKCapitalxx/status/2108557797914824742) I still think Photonics stocks are pretty early. Tons of room to run still. $LITE $AAOI $COHR https://t.co/nAN2THbZMD - [@ParadisLabs on X](https://x.com/ParadisLabs/status/2108153057930264658) It feels like the networking/optical theme has room to run after $MRVL's recent analyst day. According to BNP Paribas: We remain bullish on the optical supply chain given the strong demand for 800G an… - [@pequityresearch on X](https://x.com/pequityresearch/status/2107835587163996635) Morgan Stanley Tech Talk: Optics > Expect companies like AMS-Osram and Sumitomo to compete with likes of Lumentum and Coherent in NPO. > FCC decision in coming 1 month (likey) to come on 3.2T transcei… - [@pequityresearch on X](https://x.com/pequityresearch/status/2107566312457437283) Lightmatter at HSBC's Silicon Valley tech tour indicated that the broader ecosystem is dealing with delayed CPO adoption, with expected timelines moving towards 2028-30. $NVDA $AMD $LITE $COHR $AAOI $… - [@pequityresearch on X](https://x.com/pequityresearch/status/2101296499745591475) Jefferies: Ayar Labs sees CPO ramps still starting in C28 and shipping in much larger quantities in C29. $LITE $COHR $NVDA $MTSI $AMD - [@joinautopilot on X](https://x.com/joinautopilot/status/2100243113923002590) Breaking: CEO of $NVDA Jensen Huang says cybersecurity will be the next major use case for AI as cyberattacks grow 'exponentially' Nvidia is the most valuable company on Earth at $5.2T as they make al… - [@pequityresearch on X](https://x.com/pequityresearch/status/2099517778776785174) Goldman Sachs: companies we visited see pricing competition remaining healthy, with 800G optical module pricing decline within single digits in 2027, and 1.6T optical module price to sustain at $700+.… - [@pequityresearch on X](https://x.com/pequityresearch/status/2099202702681293040) Mizuho: Optical > EML Market Share Dynamics: EML chips remain the workhorse for AI data center optical interconnects, supporting 800G and emerging 1.6T/3.2T architectures, though its share is expected… - [@pequityresearch on X](https://x.com/pequityresearch/status/2099158665399881940) Evercore ISI: AI networking to be the highest growth segment within AI data center semis the next 5 years. $SMTC $CRDO $GLW $NOK $CIEN $LITE $COHR - [@pequityresearch on X](https://x.com/pequityresearch/status/2099141299194515869) Nomura: EML & CW material and equipment value chain $AXTI $COHR $LITE $ASML $AMAT $LRCX - [@pequityresearch on X](https://x.com/pequityresearch/status/2098458800986665130) LightCounting: The latest data from transceiver suppliers, shown in the figure below, illustrates the new record set in Q2 2026 and our estimates for the rest of the year. Sales of Ethernet transceive… - [@stretchcloud on X](https://x.com/stretchcloud/status/2098428602777768051) GPT-6 Astra turning 9 messy photos into a fully interactive 3D model is the demo, but the underlying shift is more interesting. OpenAI positioned Astra around three capabilities at launch on September… - [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2098424022283563199) AI inference is about to create a second trillion dollar supply chain because inference is expected to rise from 30% of demand in 2023 to 75% by 2030 (Save this). That means every chatbot, coding assi… - [@pequityresearch on X](https://x.com/pequityresearch/status/2098105174497636646) Please give @awodias a follow. They are at CIOE 2026 and providing a lot of useful information 👍 CPO market expected to grow from ~$90 million in 2025 to >$110 billion in 2031, or ~230% CAGR '25-'31.… - [@pequityresearch on X](https://x.com/pequityresearch/status/2097705839662342593) CIOE 2026: major products within the optical communication industry $GLW $LITE $COHR $AVGO $MRVL $CRDO $SMTC - [@pequityresearch on X](https://x.com/pequityresearch/status/2097378287227978112) CVP of Financial Strategy and Investor Relations at AMD, Matt Ramsay, says copper will continue to be used for quite some time: "I do not think you will see it be a point-in-time thing where everybody… - [@pequityresearch on X](https://x.com/pequityresearch/status/2097343199794876488) Citi: Scale-out should be one of the major scenarios in the global datacom optical interconnects market due to expanding AI datacenter; scale-up should emerge and become vital $LITE $COHR $NVDA - [@CKCapitalxx on X](https://x.com/CKCapitalxx/status/2097329847215292870) Photonics never left. $LITE $COHR $AAOI https://t.co/wTaTxTmvXx - [@pequityresearch on X](https://x.com/pequityresearch/status/2097313756162163070) 1.6T to be the leader in volume by 2028 in global datacom optical interconnects. Expanding to 45% of the market by 2030. $AAOI $LITE $COHR $NVDA https://t.co/Eq3RQ4s69W - [@pequityresearch on X](https://x.com/pequityresearch/status/2097134574983586144) UBS: the industry is progressing toward mass production for scale-out from now through 2027, hybrid scale up in 2028-29, and full CPO scale up in 2029-30. $LITE $COHR $NVDA $AMD $AAOI - [@ParadisLabs on X](https://x.com/ParadisLabs/status/2097104768535535807) Just a reminder from optical earnings: -> $LITE: "Lasers will remain effectively sold out for the foreseeable future despite our rapid capacity expansion." -> $COHR: "The demand is robust across almos… - [@MilkRoadAI on X](https://x.com/MilkRoadAI/status/2097068462632001982) Optics is one of the strongest parts of the AI buildout, because every new GPU cluster needs far more high speed connections than the last one (Save this). The table shows global optical module shipme… --- Source: Roboterminal · https://roboterminal.app/companies/coherent.md