Why it matters
The strategic read
Creates a multibillion-euro supply receipt for the inside-the-data-center optical layer as AI architectures raise fiber density. The contract directly supports a manufacturing expansion that will more than double Prysmian's U.S. fiber capacity and moves optical connectivity from a forecast bottleneck into contracted hyperscale demand.
Source-supported terms
What was disclosed
- 01
Prysmian announced the Molex agreement on July 20, 2026.
- 02
The agreement is worth up to €5.5B over a term of up to 10 years.
- 03
Molex will make a €550M upfront payment.
- 04
Prysmian will supply optical cables for deployment inside data centers.
- 05
The Molex contract sits within broader hyperscaler and data-center initiatives that Prysmian expects to generate more than €10B of incremental cumulative revenue through 2035.
- 06
Prysmian expects the broader initiatives to contribute up to €1.1B of annual revenue from 2031.
- 07
Prysmian plans €1.25B of optical-fiber and cable capacity investment through 2031.
- 08
The expansion is intended to more than double U.S. fiber capacity and create more than 1,000 jobs globally, including 600 in the United States.
Disclosure boundary
What is known—and what is not
Prysmian's primary announcement discloses the signed Molex agreement, maximum value, maximum term, upfront payment, product scope, inside-data-center use, broader hyperscaler revenue ambition and supporting manufacturing investment. Public materials do not publish the agreement, disclose annual purchase minimums, pricing formulas, named hyperscaler customers or sites, product mix, volume schedule, take-or-pay terms, acceptance criteria, remedies, termination rights or the allocation of capacity investment by plant.