This article is a deep dive on Coherent ($COHR).

I wrote it with the help of one of my Substack subscribers, a professional investor, who helped relay my technical questions directly to Coherent’s C-level management. The article is based on the detailed answers I received.

In particular, I cover what I believe the market still does not fully understand: Coherent’s technical moat, its 6-inch InP transition, the vertical integration structure that could make Coherent stand out even more in the CPO era, and investment insights based on both its technology and financial position.

For investors interested in Coherent, AI optical infrastructure, and the CPO transition, I strongly recommend giving it a read.