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Nvidia Invests $2B in Coherent, Fuels 20,000 Job Expansion

3/28/2026

Summary

Story summary

Coherent, a data-center technology company, discussed a multibillion-dollar deal with Nvidia at the Pennsylvania Data Center and Energy Innovation Summit.
The agreement marks 20 years of collaboration and focuses on developing advanced transmission technologies for data centers.
Nvidia purchased $2 billion in Coherent stock and committed to buying billions in products through the decade.
Coherent plans to expand its workforce by 20,000 and strengthen its industry position after the partnership.

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Story summary

Coherent, a data-center technology company, discussed a multibillion-dollar deal with Nvidia at the Pennsylvania Data Center and Energy Innovation Summit.
The agreement marks 20 years of collaboration and focuses on developing advanced transmission technologies for data centers.
Nvidia purchased $2 billion in Coherent stock and committed to buying billions in products through the decade.
Coherent plans to expand its workforce by 20,000 and strengthen its industry position after the partnership.