Is Coherent (COHR) Using Its AI Capacity Buildout And TSX CDR Listing To Redefine Its Edge?

Coherent Corp. has recently reported strong AI-driven demand for its optical connectivity portfolio, expanded and sold-out capacity for key data center components into 2029, and ambitious plans to double manufacturing output and indium phosphide capacity over the next year to meet infrastructure needs. An interesting twist is CIBC’s decision to list a Coherent Canadian Depositary Receipt on the TSX, broadening access for Canadian investors just as the company leans heavily into AI data...