Lumentum secures $2 billion NVIDIA deal and opens North Carolina facility to become a key AI infrastructure supplier

Lumentum Holdings signed multiyear agreements with NVIDIA worth $2 billion for advanced optics manufacturing

Company plans to build a 240,000-square-foot facility in Greensboro, North Carolina to produce indium phosphide-based optical devices

New manufacturing capacity targets AI data centers and hyperscale cloud customers seeking domestic optical component suppliers

Strategic expansion positions Lumentum as a core supplier to the growing AI infrastructure market