Why Optoelectronics Stocks Soared Today
Source: Motley Fool
2026-03-02 16:39:25 ET
A rising tide can lift many boats at once. The biggest winners aren't always the most obvious names.
That's the case today in the advanced optics industry. Artificial intelligence (AI) giant Nvidia (NASDAQ: NVDA) announced long-term research partnerships with two leaders in the field. Coherent (NYSE: COHR) shares rose more than 14% on its Nvidia deal while fellow heavyweight Lumentum (NASDAQ: LITE) notched an 11% gain on a similar agreement.
Image source: Getty Images.
Coherent Corp.
NASDAQ: COHR
COHR Trading
-1.93% G/L:
$242.105 Last:
5,518,340 Volume:
$236.39 Open:
COHR Latest News
March 09, 2026 07:19:23 pm
Nvidia Is Investing Billions in These Two Artificial Intelligence (AI) Players. Now They're Joining the S&P 500
March 09, 2026 09:00:00 am
Coherent Launches 700mW Uncooled Micro-Pump Lasers for Improving Efficiency of Scale-Across Networks
COHR Stock Data
$43,602,654,320
153,922,600
0.24%
386
N/A
Hardware & Equipment
Technology
US
Saxonburg
