Prysmian signs a long-term agreement with Molex, a Koch Industries-owned company, to supply optical cables for data centres. Multiple reports say the deal is valued at up to €5.5 billion (about $6.3 billion) and spans 10 years, as companies invest in the power, connectivity and network infrastructure needed to support growing artificial intelligence workloads. The products are intended for use inside data centres.
One outlet reports that Molex provides an upfront commitment of €550 million, described as unusual for a deal of this size, and that this upfront payment offers cash certainty in a market where customers often structure commitments with less immediate payment. Other sources describe the agreement primarily in terms of total contract value and purpose, without adding further details about payment structure.
Overall, the coverage indicates Prysmian is positioning itself to benefit from expanding fibre and data-centre buildouts driven by AI-related demand, while Molex secures a supplier for optical cable components used in these facilities.
