Coherent shares jump after Pluggable Optical Line System expansion
Coherent said it expanded its Pluggable Optical Line System portfolio aimed at AI datacenter networks, after which COHR rose 4.1% in the afternoon session.
1% in the afternoon session after the company announced an expansion of its Pluggable Optical Line System portfolio designed to support artificial intelligence datacenter networks. According to a company press release, the expanded offering is aimed at AI datacenter network applications.