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Nvidia Is Investing Billions in These Two Artificial Intelligence (AI) Players. Now They're Joining the S&P 500

Source: Motley Fool

2026-03-09 19:19:23 ET

As one of the leading forces in artificial intelligence (AI), Nvidia (NASDAQ: NVDA) tends to attract a lot of attention. Investors scrutinize each and every move, looking for insight into the state of the industry or for ideas regarding investment opportunities . Just last week, the chipmaker announced strategic partnerships with Lumentum Holdings (NASDAQ: LITE) and Coherent (NYSE: COHR) , along with plans to invest $2 billion in each of the optics technology companies.

It appears the forces that be have taken notice. Late last week, the newest additions to the S&P 500 (SNPINDEX: ^GSPC) were announced -- and Lumentum and Coherent made the grade.

Image source: Nvidia.

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Lumentum Holdings Inc.

NASDAQ: LITE

LITE Trading

9.6% G/L:

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March 10, 2026 08:00:00 am
Lumentum to Join the S&P 500 Index

LITE Stock Data

$39,699,037,000
70,191,000
0.08%
326
N/A
Hardware & Equipment
Technology
US
San Jose

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