Company Overview - Coherent is a $29 billion global leader in laser technologies and photonics, serving industrial, communications, electronics, and instrumentation markets [1] - The company has seen explosive growth in demand for its optical solutions due to the AI/datacenter buildout [1] Financial Performance - Revenues are projected to double from $3.3 billion in June 2022 to $6.7 billion by June 2026, with a stock appreciation of 290% during the same period [1] - Profits are expected to increase by 42% this fiscal year, surpassing $5 EPS, with a current year EPS consensus raised by 9.6% following a strong performance in the September quarter [2] Strategic Partnerships - A significant driver of investor enthusiasm has been Coherent's collaboration with NVIDIA to develop silicon photonics networking switches using co-packaged optics [3] - This partnership aims to enhance connectivity in AI factories, allowing for the connection of millions of GPUs [3][4] Product Innovations - Coherent supplies the laser technology for Apple's Face ID, continuing a multiyear strategic supply agreement to produce vertical-cavity surface-emitting lasers (VCSELs) [7][8] - The company is expanding its manufacturing capabilities at its Sherman, Texas facility, which is equipped for next-generation optoelectronic applications [9] Business Divestitures - Coherent is selling its Aerospace & Defense business to private equity firm Advent for $400 million, allowing the company to focus on its core technologies [7][9]