Nvidia Invests $1.86 Billion in Coherent Corp, Up 373% in First Quarter 2026

GateNews
NVDA-0.58%
According to an SEC filing, Nvidia opened a new position worth approximately $1.86 billion in optical materials and semiconductors manufacturer Coherent Corp in the first quarter of 2026. Coherent's stock has surged 373% over 12 months and closed at $374, while the company reported a 1,118% year-on-year profit increase in Q1.
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