Nvidia announced a $2 billion investment in both Lumentum, a U.S. photonic product maker, and Coherent, a U.S. optical components manufacturer, to bolster its data center processors. The multibillion-dollar purchase commitments secured future capacity and access rights to advanced laser technologies. Executives stated that the funding is supporting research and development as the suppliers are building new manufacturing capabilities in the United States.
Nvidia invests $4B in Lumentum and Coherent to secure photonic technology for faster AI chips
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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