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NVIDIA WILL INVEST $2 BILLION EACH IN LUMENTUM AND COHERENT TO BOLSTER AI PROCESSORS

  • NEWS Desk Global
  • 3 hours ago
  • 1 min read

Nvidia will invest $2 billion each in photonic product makers Lumentum and Coherent, as it looks to ​bolster its data center chips with technology that can better ‌cater to the growing need for faster AI processors.

Shares of Lumentum were up 5%, while Coherent rose 9% in early trading after the announcement on Monday.


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