Coherent Corp. reported fiscal Q4 2026 results beating Wall Street expectations with revenue of approximately $2 billion, crossing a symbolic threshold after posting $1.81 billion the previous quarter, representing a 21% year-over-year jump. The company’s Q1 FY2027 guidance projects revenue stable at around $2 billion, signaling sustainable demand rather than an isolated spike. In March 2026, NVIDIA announced a $2 billion investment to establish a multiyear partnership focused on developing next-generation optics for AI data centers, while in June 2026 Coherent secured a letter of intent for $50 million in CHIPS Act funding for its indium phosphide manufacturing facility in Sherman, Texas.
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