By BV Swagath
Publication Date: 2026-03-03 10:29:00
Nvidia is investing $2bn each in Lumentum Holdings and Coherent as part of separate multiyear agreements aimed at advancing research and development (R&D) in advanced optical technologies for future AI infrastructure.
The funding will support both companies’ efforts to expand their US-based manufacturing capacities and to accelerate innovation in critical components for AI data centres.
Lumentum will use the investment from Nvidia to increase its manufacturing capabilities and further its R&D activities. The company, based in San Jose, California, develops optical and photonic technologies that are integrated into AI systems, cloud computing, telecommunications, industrial manufacturing, and sensing applications.
With global research, manufacturing, and sales operations, Lumentum plans to build new fabrication facilities in the US to meet the growing demand for high-performance lasers, modules, and optical subsystems.
Nvidia founder and CEO Jensen Huang said: “AI has reinvented computing and is driving the largest computing infrastructure buildout in history.
“Together with Lumentum, Nvidia is advancing the world’s most sophisticated silicon photonics to build the next generation of gigawatt-scale AI factories.”
Coherent will allocate Nvidia’s investment towards scaling up its research and manufacturing operations as it expands its US facilities.
Founded in 1971 and operating in more than 20 countries, Coherent specialises in photonics…
