Coherent Shares Rise on Networking-Switch Collaboration With Nvidia

Dow Jones

Mar 20, 2025

By Denny Jacob

Shares of Coherent gained after the optoelectronics company said it would collaborate with chip company Nvidia on silicon photonics networking switches.

Coherent stock was trading 6% higher, at $69.35, midday Wednesday. The shares are up 20% over the last year.

The Saxonburg, Pa., company said Tuesday the Nvidia collaboration would use co-packaged optics. Coherent added that the ecosystem would allow artificial-intelligence factories to connect millions of graphics processing units, or GPUs.

Chief Executive Jim Anderson said the company expects co-packaged optics will further accelerate the expansion of optical networking in the data center.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 19, 2025 14:13 ET (18:13 GMT)

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The shares are up 20% over the last year. \n\n\n  The Saxonburg, Pa., company said Tuesday the Nvidia collaboration would use co-packaged optics. Coherent added that the ecosystem would allow artificial-intelligence factories to connect millions of graphics processing units, or GPUs. \n\n\n  Chief Executive Jim Anderson said the company expects co-packaged optics will further accelerate the expansion of optical networking in the data center. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 19, 2025 14:13 ET (18:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}