Form 8-K · Current Report · Filed 2026-03-02
Lumentum Holdings Secures $2B Investment from NVIDIA for Advanced Optics Technology
On March 2, 2026, Lumentum Holdings Inc. issued and sold 2,876,415 shares of Series A Convertible Preferred Stock to NVIDIA Corporation for $2 billion, pursuant to a Securities Purchase Agreement. The transaction also involved a strategic partnership between the companies to develop state-of-the-art optics technology for AI infrastructure. The preferred stock is convertible on a one-for-one basis into Lumentum common stock and carries dividend rights on an as-converted basis. The companies aim to leverage their strengths in AI and optics to accelerate innovation in AI data centers.
- Filer
- Lumentum Holdings Inc. LITE · NASDAQ
- Filed
- Accession
- 0001193125-26-085412
- CIK
- 0001633978
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$700.91
Next session
-0.9%
Since filing
+1.9%
Latest close
$713.94
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Previous filings from LITE reporting the same item, with the next session's move:
About Lumentum Holdings Inc.
Lumentum Holdings Inc. is a leading designer and manufacturer of optical and photonic products serving diverse sectors such as telecommunications, data communications, and industrial applications. The company's core offerings include cutting-edge components and modules like optical transceivers, amplifiers, and active components which facilitate the transmission of data over fiber optic networks. Additionally, Lumentum develops industrial lasers that are critical in material processing and precision manufacturing industries. Their advanced laser products are employed in various applications from semiconductor fabrication to automotive manufacturing. Established as a spin-off from JDS Uniphase Corporation in 2015, Lumentum has been instrumental in propelling the transition to high-speed data networks and supporting the backbone of modern communication infrastructures. Its innovations play a critical role in enhancing network efficiency, bandwidth, and overall optical performance, positioning the company as a vital player in the ongoing evolution of global telecommunications and industrial technologies.
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