Search results for Lumentum
AI & Enterprise
Nvidia emerges as major investor in AI ecosystem, puts in $40 billion this year
Nvidia is sharply increasing investment across the AI infrastructure supply chain, CNBC reported. The company has already made investment commitments of more than $40 billion in 2026 and is expanding its portfolio to listed companies. This week, it secured rights to invest up to $2.1 billion in data centre operator IREN and up to $3.2 billion in fibre optics company Corning. CEO Jensen Huang said it is not picking winners and aims to broaden the ecosystem.
Telecommunications & Media
Nvidia, Corning team up to build 3 U.S. optical manufacturing sites
Nvidia has signed a multi-year agreement with Corning to build three optical-technology production sites in the United States. The companies plan to build or expand advanced manufacturing facilities in North Carolina and Texas to produce optical technology for Nvidia, creating at least 3,000 jobs and expanding Corning’s U.S. optical manufacturing capacity tenfold. Corning shares jumped 14 percent and Nvidia rose about 3 percent after the announcement.
AI & Enterprise
S&P 500 AI-related stocks near 45 percent weight as megacap tech concentration raises warning sign
The weighting of artificial intelligence-related stocks in the S&P 500 has expanded to about 45 percent of market capitalisation, raising concerns that concentration in a handful of megacap technology stocks is becoming a key risk for U.S. equities. AI-linked companies already account for more than 40 percent of the index’s value. Analysts cite rising AI infrastructure spending, widening performance gaps and weaker diversification. Some warn that even a modest correction could trigger index deleveraging.
