00:00It's Benzinga bringing Wall Street to Main Street.
00:02NVIDIA announced a $4 billion investment in optical networking companies as it expands
00:07AI infrastructure and advances 6G development, according to Benzinga. The company agreed to
00:13invest $2 billion each in Lumentum Holdings and Coherent Corp under multi-year deals that
00:18include purchase commitments and future capacity access rights. The company said the funds will
00:23support research and development and expand U.S. manufacturing of laser and optical networking
00:28components used in AI and cloud systems. Lumentum shares rose as much as 11% and Coherent
00:35reached a record high in early Tuesday trading. NVIDIA also partnered with T-Mobile U.S.,
00:40SoftBank, and Cisco Systems to advance AI native 6G networks. NVIDIA shares fell 2.24% to $178.39
00:50in pre-market trading. For all things money, visit Benzinga.com.
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