On March 2, NVIDIA unveiled a multi-year cooperation pact with Lumentum Holdings, with the overarching goal of expediting groundbreaking research and development in cutting-edge optical technologies and propelling the design of next-gen artificial intelligence infrastructure and systems. This agreement encompasses NVIDIA's commitment to multi-billion-dollar procurements and guaranteed access to future production capacity for advanced laser components. Furthermore, NVIDIA will also channel $2 billion into Lumentum to bolster its R&D endeavors, capacity expansion, and overall operations, aiding in the establishment of a new wafer fabrication plant in the United States and the augmentation of its manufacturing prowess.
