美股IPO·2026-03-03 00:45Core Insights - Nvidia has invested a total of $4 billion in two photonics technology companies, Lumentum and Coherent, with each receiving $2 billion, aimed at strengthening the core supply chain for Co-Packaged Optics (CPO) technology [1][4][9] - The investment is part of Nvidia's strategic push to enhance AI data center network architecture, which is expected to lower hardware procurement costs and significantly reduce network energy consumption [8][9] Group 1: Investment Details - Nvidia's investment includes multi-billion dollar procurement commitments and future capacity rights for advanced laser components from both companies [4][12] - Following the announcement, Lumentum's stock rose nearly 12%, while Coherent's stock increased by over 15%, and Nvidia's stock gained nearly 3% [5] Group 2: Strategic Intent - The investment aligns with Nvidia's previous deployment of CPO technology in its data center switch product line, which was introduced last year [9] - CPO technology integrates pluggable transceivers directly into switches, replacing traditional independent transceiver solutions, thereby reducing hardware layers and overall power consumption [9] Group 3: Company Profiles - Lumentum is a leading supplier of optimized laser modules for CPO, with a recent quarterly revenue of $665.5 million, and has initiated a capacity expansion plan for CPO components [10] - Coherent has launched laser transmitters optimized for CPO systems and is involved in the testing tools market, providing engineering development support for network equipment suppliers [12]