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Prysmian Signs €5.5 Billion Cable Supply Deal With Molex
Prysmian agreed to supply optical cables for data centers under a contract valued at up to €5.5 billion. The agreement covers deliveries to Molex facilities operated by Koch Industries.
Jul 20, 4:35 AM·1m read2 sources
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The agreement focuses on cables used in AI infrastructure projects where data-center operators are expanding capacity.
Deliveries will occur over multiple years, though the source did not specify start dates or annual volumes. Molex will integrate the cables into its own data-center equipment sold to technology companies building large-scale facilities.
The deal aligns with increased spending on data-center construction tied to artificial-intelligence workloads. No additional financial terms or exclusivity provisions were disclosed in the announcement.
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CorroborationLimited · 2 sources
