Lumentum Holdings recently announced multiyear agreements with NVIDIA, a very large US$2 billion investment in advanced optics, and plans for a new 240,000-square-foot Greensboro, North Carolina facility to produce indium phosphide-based optical devices for AI data centers. These moves highlight Lumentum’s push to become a core supplier to hyperscale AI infrastructure, with expanded domestic manufacturing aimed at supporting long-term demand from large cloud customers. Next, we’ll examine...