According to 1M AI News, on March 3, Nvidia announced separate multi-year strategic partnerships with photonics device manufacturers Lumentum and Coherent, with each investing $2 billion, totaling $4 billion. Both investments are intended to support each other’s research and development, manufacturing capacity expansion, and operations in the United States, with Lumentum planning to build a new wafer fab. Both agreements are non-exclusive collaborations, including multi-billion-dollar procurement commitments and rights to future advanced laser and optical networking product capacity.
According to CNBC, the stock prices of both photonics companies surged significantly after the announcement.
