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Nvidia's record-breaking quarterly results sent ripples through optical communications stocks across Asia and the United States on August 27, as investors bet that surging AI data center investment will fuel demand for fiber optic infrastructure.

Prysmian signed a long-term agreement worth up to €5.5 billion ($6.3 billion) with Molex, a subsidiary of privately held Koch Inc., for the supply of optical cables used inside data centers, the Italian cable maker announced on Monday.