By Zacks Equity Research
Publication Date: 2026-03-03 09:19:00
Chicago, IL – March 3, 2026 – Today, Zacks Investment Ideas feature highlights Nvidia NVDA, Alphabet GOOGL, Coherent Corp COHR, Lumentum LITE and RF Industries RFIL.
AI Stocks Gain as Investments Continue to Surge
While today’s headlines are dominated by the escalating kinetic conflict with Iran, capital continues to pour into artificial intelligence infrastructure at an extraordinary pace.
Over the weekend, OpenAI announced what is being described as the largest single venture capital raise on record, a $110 billion financing round at a $730 billion valuation. The funding includes $50 billion from Amazon, $30 billion from Nvidia, and $30 billion from SoftBank. To put that in perspective, the raise alone represents roughly 21.5% of all venture capital invested in 2025 and amounts to nearly half of total US venture investment in 2024, which was distributed across more than 14,000 transactions.
The buildout extends beyond model developers. Alphabet announced plans this week to construct a new data center complex in the Minneapolis area, powered entirely by renewable energy and supported by what is expected to be the world’s largest battery storage system. The project underscores both the scale and energy advancements of AI-related infrastructure spending.
Meanwhile, Nvidia revealed it will invest $2 billion each in Coherent Corp and Lumentum, two global leaders in photonics technology. Photonics has become increasingly critical to AI…
