NVIDIA (NVDA) and Coherent Corp. (COHR) announced a multiyear strategic agreement to advance the frontier of advanced optics technologies, including manufacturing capacity and research and development, to enable next-generation AI infrastructure. The nonexclusive agreement includes an NVIDIA multibillion-dollar purchase commitment and future access and capacity rights for advanced laser and optical networking products. In addition, NVIDIA is investing $2B in Coherent to support research and development, future capacity and operations as Coherent builds out its U.S.-based manufacturing capabilities.
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