Trending Now - Nvidia Invests $4 Billion in Photonics Firms Coherent, Lumentum

WHO:

Jensen Huang, Chief Executive Officer of Nvidia Corp.

Nvidia Corp. (NASDAQ: NVDA)

Coherent (founded in 1971, operates in over 20 countries)

Lumentum (U.S.-based company)

WHAT:

Nvidia is investing a total of $4 billion in two photonics companies: $2 billion in Lumentum and $2 billion in Coherent.

Lumentum shares increased by 8% following the announcement.

Coherent shares increased by 13% following the announcement.

Both companies are developing optics technology for applications in sensing and data transfer.

Jensen Huang stated, "Together with Lumentum, NVIDIA is advancing the world's most sophisticated silicon photonics to build the next generation of gigawatt-scale AI factories."

WHERE:

Las Vegas, Nevada, U.S. (location of the 2026 CES event where the announcement was made)

Coherent operates in more than 20 countries.

WHEN:

The investment announcement was made on Monday, March 2, 2026.

Jensen Huang spoke during the 2026 CES event on January 6, 2026.

WHY:

The investment aims to strengthen Nvidia's research pipelines and supply chains to support the buildout of major AI infrastructure.

HOW:

Nvidia's investment in Coherent and Lumentum is part of a strategic partnership to develop photonics technologies that will enhance AI, cloud computing, and next-generation communications.

Nvidia is making headlines with a significant investment of $4 billion in two photonics companies, allocating $2 billion each to Lumentum and Coherent, which was announced last Monday. Following this news, shares of Lumentum rose by 8% while Coherent saw a 13% increase, as both companies are focused on developing optics technology for sensing and data transfer. Jensen Huang, CEO of Nvidia, emphasized the importance of this partnership at the CES event in Las Vegas, stating that it will help advance sophisticated silicon photonics for the next generation of AI infrastructure.