Coherent Closes $20 Billion AI Agreement! PhotonLink Becomes a Billion-Dollar Engine
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New PhotonLink contract worth approximately $20 billion expected to generate revenue starting in 2028. Potential of up to $15,000 per AI chip, over 25 additional projects, and faster optical connections. Following a 50% revenue increase, Coherent anticipates pro forma growth of over 60% in fiscal year 2027. The P/E ratio for 2028 is around 14.7. Coherent (COHR) develops lasers and optical components that allow AI processors and data centers to exchange data. On November 4, Coherent reported strong numbers and a billion-dollar contract....
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