ORLANDO, Fla.--(BUSINESS WIRE)--Luminar Technologies, Inc. (NASDAQ: LAZR) (the "Company†or "Luminar†), a leading global technology company, today announced that it has entered into an agreement with Quantum Computing Inc. ("QCi†) pursuant to which QCi will acquire Luminar Semiconductor, Inc. ("LSI†), a wholly owned subsidiary of Luminar, in an all-cash transaction valued at $110 million. QCi is an integrated photonics and quantum optics technology company with a focus on photonics-driven techn. ...

从产业现状来看，全球光子市场正迎来爆发式增长。中国信息通信研究院《信息光子技术发展与应用研 究报告(2024年)》显示，2023年全球光子市场总规模（含信息及能量、核心芯片器件及材料、模块级与 系统级产品）达9200亿美元，预计2027年将突破1.2万亿美元，AI算力需求的激增成为产业增长的核心 引擎。 据中国科学院上海光机所所长、党委副书记张龙介绍，随着微电子芯片日益难以满足大数据和AI时代 对算力与功耗的持续极限要求，光子芯片使用光子来处理信号，是未来计算机、互联网、人工智能的一 场风暴。 "高校院所每年科研经费高达近万亿，成果转化率却不到5%，问题不在缺乏技术，而在缺乏'算法'。" 光子技术作为新一代未来信息技术的核心支撑，正广泛渗透到半导体、新能源、生物医药等下游产业。 去年1月，工信部等七部门联合印发《关于推动未来产业创新发展的实施意见》，其中提到，到2025 年，建设一批未来产业孵化器和先导区，突破百项前沿关键核心技术，形成百项标志性产品，初步形成 符合我国实际的未来产业发展模式。 "激光光子技术不仅是一束'完美的光'，更是一道融合了技术选择、产业协同与资本耐心的复杂'算 法'。"近日，在上海举办 ...

Thank you everybody for being here. Are we good. Uh the organizers asked me to come in and talk a little bit about my journey that I like to call farm to photonix.You can drop the the fancy slogan there. I just put that on there. Um in the hope that potentially I can inspire others to kind of forge new paths and and just dream big and and and you know do great things, right. If anything, some of the lessons learned that I'm going to talk about through this slide deck, um, hopefully you can employ those in y ...

Summary of MKS Instruments FY Conference Call Company Overview - **Company**: MKS Instruments (NasdaqGS: MKSI) - **Industry**: Semiconductor Equipment and Advanced Electronics - **History**: Founded 65 years ago, initially focused on vacuum pressure measurement, expanded into semiconductor equipment, and has maintained a leading market share in vacuum equipment for semiconductors for over 55 years [2][56] Key Points and Arguments Market Position and Strategy - MKS has developed a comprehensive strategy surrounding semiconductor equipment, acquiring Newport Corporation in 2015, which added critical components like lithography, metrology, and inspection, allowing MKS to address 85% of equipment in semiconductor fabs globally [3][56] - The company has expanded into new markets, including laser applications for PCB manufacturing through acquisitions like Electro Scientific Industries and Atotech, aiming to be foundational to advanced electronics beyond just semiconductors [4][57] Growth Drivers - **Electronics and Packaging (E&P)**: MKS expects about 20% growth for the full year, driven by strong demand for chemistry products in the PCB industry, particularly from AI applications [8][61] - **Chemistry and Equipment**: The E&P segment consists of two-thirds chemistry and one-third equipment, with chemistry growing at approximately 10% year-over-year, supported by increased complexity in AI server PCBs [12][65] - **Equipment Orders**: MKS has seen strong bookings for chemistry equipment, with orders booked through the first half of 2026, indicating robust growth potential [16][69] Financial Performance - **Gross Margins**: Current gross margins are impacted by a mix of equipment sales and tariffs, with a target to return to over 47% as the mix normalizes and operational efficiencies improve [19][71] - **Tariff Impact**: Tariffs have negatively affected gross margins by approximately 50 basis points, but MKS is confident in offsetting this through operational excellence [36][71] Semiconductor Market Outlook - MKS anticipates a 10% growth in the semiconductor segment for the year, driven by inventory burn-off in NAND and upgrades in logic, DRAM, and HBM [22][75] - The company is addressing concerns about cleanroom capacity, which could constrain growth, but sees potential upside from NAND upgrades and new greenfield projects [26][78] R&D and Competitive Advantage - MKS emphasizes the importance of R&D investment to maintain a competitive edge, particularly in complex technologies like atomic layer deposition (ALD) and RF power systems [28][32] - The company has doubled its revenue in the optics segment from $150 million to $300 million over five years, indicating successful growth in this area [20][72] Future Expectations - MKS is optimistic about 2026, expecting continued growth driven by strong demand across various semiconductor applications, with a focus on maintaining close communication with major customers to anticipate needs [24][77] - The company aims to achieve a net leverage of 2 to 2.5 times in the next couple of years, focusing on debt repayment and capital allocation strategies [42][43] Additional Important Insights - MKS's unique position in the market allows it to benefit from various semiconductor trends, including the shift towards more complex chip packaging and the integration of AI technologies [5][6] - The company’s strategy of managing a broad portfolio of critical subsystems positions it well to adapt to changing market demands and technological advancements [30][31]

长盈通在互动平台表示，长盈通和生一升已经建立光子芯片光纤陀螺项目联合开发小组。 ...

Marvell Technology ((MRVL) delivered a strong earnings report yesterday, beating analyst expectations on both revenue and EPS and sending shares nearly 6% higher today in trading. The company posted $2.075 billion in revenue, up roughly 37% year over year, and reported non-GAAP EPS of $0.76, modestly ahead of consensus. The beat comes after a stretch of uneven performance, and it appears to have reassured investors that Marvell is reestablishing its footing as a focused, niche, but increasingly important, p ...

The company didn't report any positive news, but that's not stopping investors from singing the praises of Poet stock.After inching 1.5% higher yesterday, shares of Poet Technologies (POET +18.16%) are poised to lock in an even greater gain today. With an analyst providing a more optimistic outlook on shares of the photonic chips specialist, investors are clearly motivated to click the buy button on Poet stock.As of 10:44 a.m ET, shares of Poet Technologies are up 15.9%. Becoming more bullish for a Marvell( ...

Company Overview & Market Position - Vertiv Holdings (VRT) is a global designer and manufacturer of digital infrastructure technologies for communication networks and data centers [2] - Vertiv partners with Nvidia in a high-density reference design for extreme power and thermal requirements of Nvidia's 72 GPU rack scale systems [3] - Coherent Corporation is a global leader in lasers, optics, and photonic components used across various industries including AI [16] - Coherent is emerging as an important player in AI due to the shift towards silicon and photonics-based networking in data centers [15][19] Industry & Ranking - Vertiv Holdings is part of the Zach's Computers IT Services Industry Group, ranked in the top 32% [7] - The top 50% of Zach's ranked industries outperforms the bottom 50% by a factor of more than 2:1 [8] - Coherent has a Zach Rank of 2, driven by analyst upgrades [22] Financial Performance & Estimates (Vertiv) - Vertiv has delivered a 1489% average earning surprise over the last four quarters [9] - Vertiv reported third-quarter earnings of $124 per share, a 24% beat versus the Zach's consensus estimate, with earnings growing 63% from the same period last year [10] - Estimates for Vertiv's fourth quarter have been increased by 323% in the past 60 days [11] - Vertiv's Q4 Zach's consensus estimate now stands at $128 per share, reflecting potential growth of nearly 30% relative to the year-ago period [12] - Vertiv's revenues in the fourth quarter are projected to climb more than 22% to $286 billion [12] Financial Performance & Estimates (Coherent) - Analysts covering Coherent have unanimously upgraded their earnings estimates [22] - Coherent's current quarter estimates have jumped by 8%, next quarter is up by 95% [22] - Coherent's current year estimates have increased by almost 10% over the last 30 days, and next year earnings estimates have risen by 4% [23] - Coherent's sales are expected to grow 15% this year and 145% next year [23] - Coherent's earnings are expected to grow 256% annually over the next three to five years [25] Stock Performance & Valuation - Vertiv (VRT) stock is up nearly 200% off the April lows [12] - Coherent's stock is up approximately 50% this year and has tripled from the April lows from $50 to $161 [26] - Coherent is trading at 327 times forward earnings [25]

Core Insights - AI-related hardware stocks are gaining attention, but not all suppliers are equally positioned to benefit from the trend [1] - Lumentum has been highlighted as a key player in the AI infrastructure space, particularly due to its optical networking gear [2][4] Company Overview - Lumentum Holdings, founded in 2015, specializes in photonics, producing lasers and optical components essential for cloud data centers and telecom networks [4] - The company operates in two main segments: Cloud & Networking and Industrial Tech, with a market value of approximately $20 billion [4] Stock Performance - LITE shares have increased by about 279% year to date as of December, driven by high demand from major cloud companies [5] - The stock's rally is supported by strong earnings and a series of higher price targets from analysts [5] Valuation Metrics - Lumentum's stock is trading at approximately 53 times forward earnings and 11.3 times sales ratios, significantly above historical averages and its peers [6] - This high valuation suggests that the stock is priced for perfection, indicating potential risks if growth expectations are not met [6] Industry Context - Lumentum's products are critical for the functioning of AI data centers, as they facilitate faster and more efficient data movement [7] - The company supplies essential components that support Google's AI data centers, which rely on ultra-fast optical networks to connect AI chips [7]

Core Insights - Coherent Corp. has launched the Axon FP, a new femtosecond laser technology that enhances flexibility and accessibility in scientific applications [1][6] Product Features - The Axon FP is designed for life sciences, instrumentation, and metrology, featuring a compact, air-cooled, rack-mountable laser source with fiber-delivered, collimated output [2] - It operates at wavelengths of 920nm and 1064nm, producing high-quality femtosecond pulses with over 1W of output power, setting a new performance standard for nonlinear imaging [2][3] Integration and Usability - The Axon FP integrates all components into a single unit, simplifying optical integration and reducing the need for external optics, which minimizes setup time and lowers system costs [3] - Its portability allows easy movement between setups without specialist alignment, enhancing lab efficiency and enabling shared access [3] Research Applications - The Axon FP addresses the need for a portable, turnkey femtosecond laser solution, particularly benefiting multiphoton microscopy in neuroscience, cancer research, and immunology [3] - It enables superior image quality, depth, and reproducibility while reducing operational complexity and cost, with features like fast power modulation and adjustable dispersion pre-compensation for optimal pulse delivery [3] Market Impact - The launch of Axon FP is expected to make advanced imaging technologies more accessible to a broader scientific community, facilitating research and discovery [4] - The product will debut at the Society for Neuroscience Annual Meeting from November 15–19, 2025, highlighting its significance in the scientific community [4] Company Overview - Coherent is a global leader in photonics, providing technology solutions across various industries, including datacenters and communications, with a strong operational presence in over 20 countries [5]