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Shares Decline Over 5% Following Announcement of $50 Million CHIPS Act Funding Intent","url":"https://stock-news.laohu8.com/highlight/detail?id=1109957080","media":"Stock News","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1109957080?lang=en_us&edition=fundamental","pubTime":"2026-06-16 23:16","pubTimestamp":1781623008,"startTime":"0","endTime":"0","summary":"Shares of Coherent (COHR.US) experienced a notable decline during Tuesday's trading session. At the time of writing, the stock was down 5.72% to $390.18. Catalyst for the Move The downturn followed...","market":"nz","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1548497426.USD","LU1861220033.SGD","IE00B66KJ199.SGD","BK4148","IE00B19Z4B17.USD","LU1992135399.USD","COHR","LU1720051108.HKD","LU2211815571.USD","LU2473716301.USD","BK4588","IE00B7SZL793.SGD","IE0031619046.USD","LU1861215975.USD","LU2357305700.SGD","BK4585","BK4157","LU2272731782.SGD","LU1992135472.HKD","LU2322448791.USD","LU2272731865.HKD","LU2089985449.USD","LU0274383776.USD","LU2360107168.USD","SGXZ99366536.SGD","LU1720051017.SGD","LU2322448957.HKD","LU2290526834.HKD","COHX","SGXZ81514606.USD","LU2931357623.SGD","LU2272731600.USD","SGXZ51526630.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1168550066","title":"Movement Alert｜COHERENT Falls 3.04% in Regular Trading, SemiAnalysis Bearish CPO Report Continues to Weigh on Optical Communications Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1168550066","media":"Market Focus","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1168550066?lang=en_us&edition=fundamental","pubTime":"2026-06-16 22:22","pubTimestamp":1781619735,"startTime":"0","endTime":"0","summary":"On June 16, COHERENT fell 3.04% in regular trading, trading at $399.695/share, with turnover of $542 million. The stock remains under pressure from the lingering impact of SemiAnalysis's bearish CPO...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["COHR"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2643750712","title":"Coherent Receives $50 Million in US Government Funding to Increase Semiconductor Production","url":"https://stock-news.laohu8.com/highlight/detail?id=2643750712","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2643750712?lang=en_us&edition=fundamental","pubTime":"2026-06-16 21:29","pubTimestamp":1781616572,"startTime":"0","endTime":"0","summary":"Coherent  said Tuesday it has signed a letter of intent to receive up to $50 million in direct funding under a government program intended to expand semiconductor manufacturing in the US.The company said the investment will support the expansion of its 6-inch Indium Phosphide semiconductor manufacturing facility in Sherman, Texas. When the project is completed, the company said it expects the Sherman site to create more than 1,000 jobs, including more than 550 direct advanced manufacturing, engineering, and technical positions.Coherent said the expansion, which will be funded under the US Department of Commerce's CHIPS and Science Act, will double manufacturing production space and quadruple wafer production 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signs CHIPS LOI for up to $50 million to expand Texas InP chip plant","url":"https://stock-news.laohu8.com/highlight/detail?id=2643757040","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2643757040?lang=en_us&edition=fundamental","pubTime":"2026-06-16 21:03","pubTimestamp":1781614992,"startTime":"0","endTime":"0","summary":"Coherent signed a CHIPS Act letter of intent for up to USD 50 million to expand its 6-inch InP semiconductor plant in Sherman, Texas.Project targets optical networking components for AI datacenters; manufacturing space to double; wafer output capacity to quadruple.Site expected to add more than 1,000 jobs, including over 550 advanced manufacturing, engineering, technical roles.CHIPS funding builds on about USD 20 million from the Texas Semiconductor Innovation Fund, Sherman Economic Development Corp.Expansion supports a recently expanded partnership with NVIDIA, a customer relationship spanning more than two 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Announces a CHIPS Letter of Intent for $50 Million to Expand World-Leading Manufacturing Facility for AI Infrastructure","url":"https://stock-news.laohu8.com/highlight/detail?id=2643375031","media":"GlobeNewswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2643375031?lang=en_us&edition=fundamental","pubTime":"2026-06-16 21:00","pubTimestamp":1781614800,"startTime":"0","endTime":"0","summary":"Proposed award will support new manufacturing jobs and expanded American production of critical optical networking technologies that power next-generation AI datacentersSHERMAN, Texas, June  16, 2026 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