The speaker is a buyer of COHR: it supplies lasers and optical components for Nvidia Spectrum X integrated-optics Ethernet switches already in mass production; Nvidia invested $2 billion last March and signed a multi-billion-dollar purchase agreement. Last quarter revenue grew 34% year-over-year to just over $2 billion, and at about 22 times forward earnings COHR is cheaper than Alphabet, Amazon and Microsoft today.
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On the networking side, I buy shares of Coherent, whose symbol is COHR. Those ten miles of cable are an Nvidia Spectrum X Ethernet network, and it uses its latest switches with integrated optics.
This means that the laser and optics are placed right next to the switch, rather than being separate units that are connected to external ports. Jensen showed one of them on stage and said that it was already in mass production.
Coherent manufactures the lasers and optical components for these systems, and last March Nvidia invested $2 billion in Coherent and also signed a multi-billion dollar purchase agreement.
In the last quarter, Coherent's revenue grew 34% year-over-year to just over $2 billion, and it currently trades at about 22 times forward earnings, giving it a lower forward price-to-earnings ratio than Alphabet, Amazon, and Microsoft today.
Vertiv will announce its earnings on October 28, and Coherent will announce its earnings on November 4. So, let me know in the comments if you would like me to make a video analyzing those results for you.
which is why Vertiv and Coherent are my choices for building AI factories .
What this channel has said about $COHR
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