Photonics

Nvidia’s $4 billion photonics bet: why its Lumentum and Coherent deals matter now

Nvidia’s $4 billion photonics bet: why its Lumentum and Coherent deals matter now

Nvidia will invest $2 billion each in Lumentum and Coherent under multiyear optics deals, securing supply of lasers and optical networking components for AI data centers. Shares of Lumentum rose 5%, Coherent 9% after the news. The agreements include multibillion-dollar purchase commitments and capacity rights. Nvidia plans to detail its strategy at the GTC conference in San Jose starting March 16.
March 4, 2026