NVIDIA Announces Strategic Partnership With Lumentum to Develop State-of-the-Art Optics Technology
MWN-AI** Summary
NVIDIA has announced a strategic partnership with Lumentum Holdings Inc., aiming to expedite advancements in optics technologies essential for next-generation artificial intelligence (AI) infrastructure. This multiyear agreement underscores NVIDIA's commitment to innovation in the AI space, with a multibillion-dollar procurement commitment linked to advanced laser components. NVIDIA is also investing $2 billion in Lumentum to bolster research and development and expand U.S.-based manufacturing through a new fabrication facility.
As AI technology continues to evolve, the importance of optical interconnects and package integration has become paramount in scaling AI systems, enhancing energy efficiency and resilience within large networks. The collaboration capitalizes on NVIDIA's expertise in AI and accelerated computing and Lumentum's capabilities in optics and advanced manufacturing. According to NVIDIA CEO Jensen Huang, the partnership is poised to contribute to the most extensive computing infrastructure expansion in history, advancing silicon photonics to create next-generation AI factories.
Michael Hurlston, CEO of Lumentum, echoed this sentiment, expressing enthusiasm for their joint commitment to developing the optics technologies necessary for future AI architectures. The collaboration aims to address the growing demand for data center connectivity and infrastructure driven by AI and cloud computing.
Both companies recognize that the landscape of the global market is fraught with uncertainties that could impact the outcome of their strategic initiatives. Factors such as economic volatility and geopolitical tensions could affect manufacturing capacities and demand. Despite these challenges, the commitment to innovate and expand in the optics technology sector positions both NVIDIA and Lumentum as critical players in the advancing field of AI infrastructure.
MWN-AI** Analysis
NVIDIA's recent strategic partnership with Lumentum Holdings Inc. marks a significant advance in the optics technology sector, positioning both companies to lead the next wave of AI infrastructure. This collaboration includes a multiyear nonexclusive agreement, featuring a substantial commitment from NVIDIA, which has pledged to purchase billions in advanced laser components, along with a $2 billion investment in Lumentum to bolster R&D and U.S.-based manufacturing.
This alliance underscores a growing recognition that advanced optics technology is pivotal for scaling AI infrastructure. NVIDIA's established dominance in AI and accelerated computing will synergize with Lumentum’s expertise in optical manufacturing, addressing the increasing demands for energy efficiency and resilience in AI networks.
As NVIDIA and Lumentum forge ahead, investors should closely monitor the implications of this partnership. Given the substantial investment and the significance of optics technology in supporting large-scale AI systems, this collaboration could accelerate both companies’ growth trajectories. NVIDIA’s shares have already seen significant gains due to its central role in AI advancements, and further developments from this partnership could amplify that.
For Lumentum, this partnership enhances its competitive position in the rapidly evolving optical sector, potentially leading to increased operational capacity and technological innovation. Investors in Lumentum may benefit from the anticipated growth in demand for AI-driven technologies and upgraded optics capabilities that the new fabrication facility will facilitate.
However, investors should also weigh potential risks, such as macroeconomic uncertainties and industry competition, which could impact the outcomes of this partnership. Continuous evaluation of market trends and consumer demands will be critical as both NVIDIA and Lumentum execute their strategic plans. Overall, this collaboration provides a promising outlook for long-term growth, yet prudent risk assessment remains essential for stakeholders.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
SANTA CLARA, Calif. and SAN JOSE, Calif., March 02, 2026 (GLOBE NEWSWIRE) -- NVIDIA today announced multiyear strategic agreements with Lumentum Holdings Inc. (NASDAQ: LITE) to accelerate innovation in advanced optics technologies, including research and development, to enable next-generation AI infrastructure and systems designs.
The nonexclusive agreement includes an NVIDIA multibillion purchase commitment and future capacity access rights for advanced laser components. In addition, NVIDIA is investing $2 billion in Lumentum to support R&D, future capacity and operations as the company builds out its U.S.-based manufacturing capabilities in a new fab.
Optical interconnect technology and package integration are critical for the continued scaling of AI factories, improving the energy efficiency and resiliency of large-scale AI networks. This expanded collaboration will draw on the strengths of NVIDIA’s leadership in AI, accelerated computing and networking, and Lumentum’s leadership in optics and advanced manufacturing. The investment enables Lumentum to scale its manufacturing capacity and R&D to meet the needs of future AI data centers.
“AI has reinvented computing and is driving the largest computing infrastructure buildout in history,” said Jensen Huang, founder and CEO of NVIDIA. “Together with Lumentum, NVIDIA is advancing the world’s most sophisticated silicon photonics to build the next generation of gigawatt-scale AI factories.”
“This multiyear strategic agreement reflects our shared commitment to advancing the optics technologies that will power the next generation of AI infrastructure,” said Michael Hurlston, CEO of Lumentum. “In support of this collaboration, we are also investing in a new fabrication facility to increase capacity and accelerate innovation. We’re excited to work together to expand what’s possible for the AI optical architectures of tomorrow.”
About Lumentum
Lumentum (NASDAQ: LITE) is a global leader in optical and photonic technologies that power the networks and infrastructure behind AI, cloud computing, and next-generation communications. Built on decades of photonics innovation, Lumentum delivers high-performance lasers, modules, and optical subsystems that enable scalable, energy-efficient data center connectivity, advanced telecom networks, industrial manufacturing, and sensing applications. Headquartered in San Jose, California, the company operates R&D, manufacturing, and sales facilities worldwide. Learn more at www.lumentum.com.
About NVIDIA
NVIDIA (NASDAQ: NVDA) is the world leader in AI and accelerated computing.
For further information, contact:
Mylene Mangalindan
Corporate Communications
NVIDIA Corporation
press@nvidia.com
Toshiya Hari
Investor Relations
NVIDIA Corporation
toshiyah@nvidia.com
Victoria McDonald
Corporate Communications
Lumentum Holdings Inc.
media@lumentum.com
Kathy Ta
Investor Relations
Lumentum Holdings Inc.
investor.relations@lumentum.com
Lumentum Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These include statements regarding: our belief and expectations with respect to the multi-year strategic agreement with NVIDIA, including future innovation in advanced optics technologies, research and development to enable next-generation AI infrastructure and systems designs, future capacity for advanced laser components, and the expansion of manufacturing capabilities and capacity by the acquisition of a future fabrication facility to meet the needs of future AI data centers. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Among the factors that could cause actual results to differ from those contemplated are: (a) uncertainty and volatility in the global markets, including uncertainty and volatility in the macroeconomic environment, volatility and uncertainty with respect to economic growth, inflationary pressures, changes in the political or economic environment, such as geopolitical conflicts, war, international trade regulation and restrictions (including tariffs, duties and export controls to be implemented by the U.S. and other countries), including for certain rare earth minerals, and the effect of such market disruptions on demand for our products, technology spending by our customers, our costs and expenses and our ability to obtain components for our products; (b) our ability to increase our manufacturing capacity and our ability and the ability of our suppliers and contract manufacturers to meet production, quality, and delivery requirements for our forecasted demand; (c) failure to successfully integrate acquisitions into our business or that we will not achieve the expected benefits, among others. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended December 27, 2025 filed with the Securities and Exchange Commission available at www.sec.gov, under the "Risk Factors" section and elsewhere. The forward-looking statements contained in this press release are made as of the date hereof and the Company assumes no obligation to update such statements, except as required by applicable law.
NVIDIA Forward-Looking Statements
Certain statements in this press release including, but not limited to, statements as to: together with Lumentum, NVIDIA advancing the world’s most sophisticated silicon photonics to build the next generation of gigawatt-scale AI factories; the benefits, impact, performance, and availability of NVIDIA’s products, services, and technologies; expectations with respect to NVIDIA’s third party arrangements, including with its collaborators and partners; expectations with respect to technology developments; expectations with respect to AI and related industries; and other statements that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe harbor” created by those sections based on management’s beliefs and assumptions and on information currently available to management and are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: global economic and political conditions; NVIDIA’s reliance on third parties to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development and competition; development of new products and technologies or enhancements to NVIDIA’s existing product and technologies; market acceptance of NVIDIA’s products or NVIDIA’s partners’ products; design, manufacturing or software defects; changes in consumer preferences or demands; changes in industry standards and interfaces; unexpected loss of performance of NVIDIA’s products or technologies when integrated into systems; NVIDIA’s ability to realize the potential benefits of business investments or acquisitions; and changes in applicable laws and regulations, as well as other factors detailed from time to time in the most recent reports NVIDIA files with the Securities and Exchange Commission, or SEC, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q. Copies of reports filed with the SEC are posted on the company’s website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.
© 2026 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and/or other countries. Other company and product names may be trademarks of the respective companies with which they are associated. Features, pricing, availability and specifications are subject to change without notice.
FAQ**
How will NVIDIA Corporation NVDA’s multibillion-dollar commitment to Lumentum enhance its competitive edge in AI infrastructure technologies in Santa Clara and San Jose, California?
What specific advanced optics technologies are being prioritized by NVIDIA Corporation NVDA and Lumentum Holdings Inc. in their strategic partnership?
In what ways is the $2 billion investment by NVIDIA Corporation NVDA expected to impact the job market in Santa Clara and San Jose, particularly in R&D and manufacturing sectors?
How might NVIDIA Corporation NVDA's collaboration with Lumentum influence the future scalability and energy efficiency of AI data centers in the Silicon Valley region?
**MWN-AI FAQ is based on asking OpenAI questions about NVIDIA Corporation (NASDAQ: NVDA).
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