Nvidia investing $2B in Coherent

Nvidia Corp. is investing $2 billion in Saxonburg-based Coherent Corp., a manufacturer of semiconductors and lasers, as part of a larger $4 billion investment in photonic technology companies. This investment also includes a nonexclusive agreement where Nvidia will purchase advanced laser and optical products from Coherent to support R&D and expand Coherent’s U.S. manufacturing. Nvidia CEO Jensen Huang stated that this partnership aims to pioneer next-generation silicon photonics for AI infrastructure, emphasizing speed and energy efficiency.