Shares of Lumentum and Coherent fell sharply on June 23-24, 2026, as the AI hardware trade showed signs of exhaustion amid valuation concerns and doubts about AI monetization. The selloff was triggere…
China has tightened export checks on indium, a critical material for AI semiconductor production, causing 6-inch InP wafer prices to surge 250% since early 2025. The move, leveraging China's 70% contr…
China has tightened export controls on indium phosphide, a critical material for AI data center optical chips, causing prices to surge 250% and threatening to slow AI infrastructure buildout. The move…
Tower Semiconductor has shipped over 5 million coherent photonic integrated circuits to Marvell Technology for AI data center interconnect networks, marking a milestone in silicon photonics production…
Coherent broke ground on an expanded indium phosphide wafer fab in Sherman, Texas, with NVIDIA CEO Jensen Huang and Coherent CEO Jim Anderson attending the June 16 ceremony. The facility, supported by…
Nvidia CEO Jensen Huang called for new social norms to coexist with AI during an Associated Press interview at a groundbreaking ceremony in Sherman, Texas, urging society to stop fearing the technolog…
Coherent broke ground on an expanded manufacturing facility in Sherman, Texas, to scale production of indium phosphide wafers for AI optical interconnects. NVIDIA CEO Jensen Huang and Coherent CEO Jim…
Nvidia has committed at least $6.5 billion to photonics companies since March 2026, including investments in Coherent, Lumentum, Marvell, and Ayar Labs, as AI data-center builds expose the physical li…
Marvell Technology shares surged up to 30% to a record high on June 2 after Nvidia CEO Jensen Huang called the chipmaker the "next trillion-dollar company" during a Computex keynote. The endorsement l…
U.S. technology companies including Alphabet, Amazon, Meta, and Microsoft are expected to spend roughly $650 billion on AI-related infrastructure in 2026, up from $410 billion in 2025, as the demand f…
Nvidia has invested at least $6.5 billion in photonics companies since March 2026, including $2 billion each in Coherent, Lumentum, and Marvell, up to $3.2 billion in Corning, and participation in Aya…