Is Coherent Well-Positioned to Sail Through the EV Wave?

Key Takeaways COHR can look forward to investing more in AI and EV with $400 million from divestiture.Weak automotive and SiC demand resulted in a 6% Y/Y dip in the Materials segment's revenues.Heightened focus on Lithium-Sulfur batteries and SHARP technology should be COHR's next move. Coherent Corp. (COHR) holds a leading position in Silicon Carbide (SiC) substrates for power electronics, which enhance the energy efficiency of electric and hybrid-electric vehicles. Its laser technology is also utilized in ...