Top Calls 06/23/23 - Mike Genovese, Rosenblatt Securities

The transcript discusses the recent AI boom and its impact on stock valuations, particularly focusing on Coherent's stock. It highlights the importance of timing in AI investments and the current market's focus on testing AI technologies. The conversation also covers the AI infrastructure gold rush, with companies like NVIDIA leading the charge. Future opportunities in the networking industry are anticipated as AI technologies mature and diversify.

What factors contributed to the downgrade of Coherent's stock?

How has the perception of AI's impact on companies changed according to the discussion?

What challenges do companies face when fully committing to AI technologies?

In what ways do investors view the current state of AI technology and its future potential?

What is the significance of NVIDIA's performance in the context of AI investments?