Coherent Shares Surge 6.22% on $500M Volume, 232nd in Market Activity as Apple Deepens Strategic Partnership

Coherent (COHR) surged 6.22% on Aug. 7, 2025, with a trading volume of $500 million—up 91.22% from the prior day—ranking it 232nd in market activity. The rally followed a strategic deepening of its partnership with Apple, which secured a multiyear supply agreement for vertical-cavity surface-emitting lasers (VCSELs) used in Face ID technology. Production will occur at Coherent’s Sherman, Texas, facility, a hub for advanced optoelectronic manufacturing. Jim Anderson, Coherent’s CEO, emphasized the agreement’s validation of the companies’ collaborative innovation in scaling next-generation photonics solutions. Sabih Khan, Apple’s COO, highlighted the deal’s alignment with Apple’s $600 billion U.S. manufacturing initiative, underscoring the role of domestic production in supporting technological leadership.

The partnership reinforces Coherent’s position as a key supplier to global tech giants, leveraging its expertise in compound semiconductor fabrication and 6-inch wafer technology. While the financial terms of the agreement were not disclosed, the contract extends an existing relationship, ensuring continuity in critical component supply for Apple’s consumer electronics. Analysts noted the strategic value of Coherent’s Sherman facility, which combines scale and technical depth to meet the demands of high-volume, precision-driven manufacturing. The deal also aligns with broader industry trends prioritizing localized production and supply chain resilience, particularly in semiconductor-dependent sectors.

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