Coherent

Coherent came together in 2022, when the materials maker II-VI bought the laser company Coherent and adopted its name. Investors now watch the combined firm mostly for one thing: the optical components that carry data inside AI data centers. It makes lasers, engineered optical materials and the transceivers that turn electrical signals into light so information can move between servers at high speed, and that transceiver line has become a prime beneficiary of the AI networking buildout. Coherent also serves industrial, telecom, aerospace and semiconductor customers. Based in Saxonburg, Pennsylvania, with roots reaching back to 1971, it employs tens of thousands worldwide but carries heavier debt than some peers from its acquisitions. The story is part AI-optics growth and part balance-sheet repair, and the shares swing on both.

On MyRWA, COHR trades tokenized across 21 on-chain venues - see the listings below.