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The Business Brief FRIDAY, 21 AUGUST 2026
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Coherent Stock Is Cooling Off Just as Its AI Thermal Opportunity Heats Up

1 source ·1 article ·6h ago

Coherent shares fell about 12% despite strong earnings and a new 300mm silicon carbide substrate for AI chip thermal management, backed by $1 billion from Denso and Mitsubishi Electric.

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MarketBeat ·6h ago

Coherent Stock Is Cooling Off Just as Its AI Thermal Opportunity Heats Up

Coherent shares fell about 12% despite strong earnings and a new 300mm silicon carbide substrate for AI chip thermal management, backed by $1 billion from Denso and Mitsubishi Electric.