AIThe Next Webabout 17 hours ago
Prysmian signs €5.5bn fibre deal with Molex
1 min read
Prysmian signed a €5.5bn, 10-year agreement with Molex to supply optical cable for AI data centres. Molex is paying €550m upfront, a rare cash commitment. Prysmian will invest €1.25bn through 2031, doubling US optical fibre production and creating over 1,000 jobs, 600 in the US.
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