By Colin Kellaher
Lumentum Holdings is establishing a new manufacturing plant in North Carolina to produce advanced indium phosphide-based optical devices, which serve as critical components in AI data centers.
Lumentum on Thursday said it plans to invest hundreds of millions of dollars over the next several years in the 240,000-square-foot facility in Greensboro.
The San Jose, Calif., laser maker said it acquired the plant, which is currently operational, from chipmaker Qorvo, adding that it will retrofit the facility to make products such as continuous-wave and ultra-high-power lasers.
Lumentum said chipmaker Nvidia will serve as a customer of the Greensboro plant.
Nvidia earlier this month said it would invest $2 billion in Lumentum as part of an agreement that includes a multibillion-dollar purchase commitment from Nvidia and future capacity access rights for advanced laser components.
Lumentum said it also plans to support other AI infrastructure customers for their scale-out and scale-up optical requirements through the plant.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
03-26-26 0849ET
