Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

Technology · 2 March 2026

Nvidia to Put $2B into Lumentum and Coherent

Nvidia to Put $2B into Lumentum and Coherent

Photo by Mariia Shalabaieva on Unsplash

Nvidia said it will invest $2 billion each in photonics makers Lumentum and Coherent to support their work on components used in advanced data-centre optics. Both companies’ shares rose after the announcement. The funding is aimed at accelerating research, development and manufacturing of photonic products, which are important for high-speed data transmission in AI systems. Nvidia said the move reflects its broader strategy to enhance infrastructure for artificial-intelligence computing.

Reported by WallStreet Journal · How we write briefs

More briefs

GeneralKing tells Oman's Sultan he is proud of William GeneralProtesters burned hundreds of shared e-bikes in France's weekend riots BusinessLondon Stock Exchange Group sued for £131m in fraud lawsuit GeneralBBC Three, BBC Scotland and Radio 4 Extra to shut next spring WorldUK police re-arrest pair on suspicion of helping Iranian intelligence over RAF Fairford incident WorldEU trade chief says UK must pay towards poorer EU regions Browse all stories →