The laser specialist Coherent benefits from the AI boom — stock about to breakout to all-time high!
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Coherent is a provider of laser and photonic systems specifically designed for high-performance applications such as data centers, telecommunications, and industrial applications. The company manufactures components and systems that are used in optical networks and industrial automation. The company is expected to benefit in the medium term from increasing investments in chip and semiconductor manufacturing, especially since it offers suitable high-end laser systems. On November 5, it surprised with an unexpectedly strong EPS increase from $0.74...
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