Lumentum Expands Manufacturing For AI Data Centers
Lumentum Holdings announced Thursday it will expand U.S. manufacturing with a new 240,000-square-foot facility in Greensboro, North Carolina, acquired from Qorvo, to produce indium phosphide-based optical devices including continuous wave and ultra-high-power lasers, and targets production ramp-up by mid-2028. NVIDIA confirmed as a customer, and the stock rose 1.5% after-hours following an 11.37% regular-session decline, a move aimed at strengthening AI data center supply continuity.
Key Points
- 1Announces 240,000-square-foot Greensboro facility to manufacture indium phosphide optical devices by mid-2028
- 2Secures NVIDIA as customer, bolstering supply continuity for AI data center infrastructure
- 3Increases manufacturing capacity using 6-inch InP wafers, relevant for optical component supply chains
Scoring Rationale
Official expansion and NVIDIA customer confirmation drive high impact; single-firm, supply-chain focus limits broader industry disruption.
Sources
Public references used for this report.
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