Overview
- Nvidia will invest $2 billion each in Lumentum and Coherent under separate multiyear, nonexclusive agreements.
- The deals include multibillion-dollar purchase commitments plus priority capacity and access rights to advanced lasers and optical networking products.
- Nvidia says optical interconnects and package integration are critical to scaling energy-efficient AI data centers.
- Funding will back research and manufacturing in the United States, with Lumentum planning a new fabrication facility and Coherent increasing capacity.
- Shares of the suppliers rose after the announcement, with Coherent up about 14% and Lumentum roughly 8% by midday.