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home / news releases / coherent is priced to perfection but still has upsid

DELL - Coherent Is Priced To Perfection But Still Has Upside Potential

Dell Technologies Inc. Class C

2024-04-03 11:59:39 ET

Summary

  • Coherent is experiencing strong demand and interest for their 800g transceiver technology due to AI/ML application adoption.
  • Despite traditional networking equipment's headwinds, higher gig rate equipment will drive growth in e2H24-2025.
  • Management expects significant growth in datacom, with 800g transceiver sales projected to reach $450 million in e2H24, up from $150mm in 1H24.

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Coherent Is Priced To Perfection But Still Has Upside Potential
Stock Information
Company Name: Dell Technologies Inc. Class C
Stock Symbol: DELL
Market: NYSE
Website: delltechnologies.com
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