Stock Track | Coherent Soars 5.11% on Silicon Carbide Advancements for AI Datacenters

Stock Track04-10 13:10

COHERENT (NYSE: COHR) saw its stock price surge 5.11% in recent trading, driven by positive news from the company.

The photonics leader announced advancements in its silicon carbide (SiC) epitaxy capabilities, enabling power devices up to 10kV for next-generation AI datacenter and industrial power applications. This development positions Coherent to capitalize on growing demand for efficient, high-voltage power systems in renewable energy, rail, fast-charging infrastructure, and grid infrastructure, as well as ultra-efficient power architectures in AI datacenters.

According to the company, these thick epitaxy platforms support device architectures up to 10kV in production, allowing customers to develop more compact, energy-efficient power conversion systems for multi-megawatt datacenters and industrial infrastructure. This technological progress is expected to strengthen Coherent's leadership in wide-bandgap semiconductor materials and support its customers across industrial, automotive, and energy markets.

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