Lumentum plans new plant for AI data center lasers

Lumentum is planning to construct a new manufacturing plant in the United States dedicated to producing lasers for AI data centers. Nvidia is expected to be a key customer for these components. This expansion addresses the growing demand for high-performance lasers essential for the infrastructure supporting artificial intelligence workloads. The investment signifies Lumentum's strategic focus on the booming AI market and its role in supplying critical hardware to leading technology companies like Nvidia.