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Semiconducting van der Waals magnets exhibit a rich physical phenomenology with different collective excitations, as magnons or excitons, that can be coupled, thereby offering new opportunities for optoelectronic, spintronic, and magnonic devices. In contrast with the well‐studied van der Waals magnets CrI3 or Fe3GeTe2, CrPS4 is a layered metamagnet with a high optical and magnon transport anisotropy...