COMPANIES · ENERGY & GRID

Prysmian

In the AI Economy Index: ticker unconfirmed

Prysmian is an Italian cable maker, one of the largest in the world, producing power transmission and grid cables, building wire, and optical fiber and telecom cables under the Prysmian, Draka and General Cable brands.

AI-adjacentEnergy & grid
What it does

Prysmian is an Italian cable maker, one of the largest in the world, producing power transmission and grid cables, building wire, and optical fiber and telecom cables under the Prysmian, Draka and General Cable brands.

Why it matters

It supplies both the power cables that feed data centers and the optical fiber and cable used inside them, and in 2026 it committed about $1.25 billion to expand US fiber capacity aimed at AI data centers; most of its business is still grid and power cables rather than AI-specific products.

How it makes money

Sells power, building and telecom cables and cable systems to utilities, grid operators, builders, telecom carriers and data-center operators.

Geography

Italy (Milan)

AI stack position

Energy and the electrical grid. The companies that generate, distribute and manage the electricity AI infrastructure runs on. AI data centers use enormous amounts of power, so the companies producing and delivering that electricity are just as critical to the AI economy as the chip makers.

Competitors

Earnings

No box score on file.

The Box Score

Connections (3)

Every connection below is tied to a readable source, date, classification and statement of its limits. A company source establishes what that company stated. It does not necessarily provide independent confirmation.

Dated or announced (2)

Prysmian agreed to supply low-carbon aluminum power cables for a data center of Amazon Web Services
SuppliesDated / announced
Broadband Communities, citing Prysmian, reported that Prysmian landed a deal to supply power cables and building wire made with low-carbon ELYSIS aluminum to an AWS data center near Columbus, Ohio.

Source: 2026-09-22 · reviewed 2026-10-02

Evidence: Secondary reporting (unconfirmed by primary parties) · Announced; not confirmed delivered

Limits: Reported supply deal for one AWS facility, attributed to Prysmian's own announcement; does not establish delivery, contract value or volume, optical-fiber supply, or a broader or ongoing relationship with AWS.

Here's how Prysmian's latest deal with AWS emphasizes sustainability ↗
Prysmian formerly held a stake in (exited 2025) YOFC
BacksDated / announced
Prysmian said its unit Draka entered into a placing agreement to sell all its remaining 37,595,257 YOFC H shares (about 5.0% of YOFC's share capital), after which it would have divested its entire YOFC stake.

Source: 2025-09-16 · reviewed 2026-10-02

Evidence: Primary-source statement · Ended: stake fully divested (September 2025)

Limits: Records a former shareholding that has ended; does not establish any continuing commercial, supply or technology relationship between Prysmian and YOFC.

Prysmian announces the sale of all its remaining 37,595,257 H shares of YOFC ↗

Comparisons (1)

Prysmian competes in data-center optical fiber with Corning
Competes withComparison only
Lightwave reported Prysmian's 10-year fiber supply pact with Molex for AI data centers and described Corning as a fellow fiber vendor pursuing similar arrangements.

Source: 2026-07-21 · reviewed 2026-10-02

Evidence: Analytical comparison · Product/market overlap

Limits: Trade-press framing of overlapping fiber businesses; does not establish market shares or head-to-head contract wins or losses.

Molex and Prysmian enter fiber AI data center supply pact ↗
Evidence for this profile

Prysmian Commits $1.25B to U.S. Fiber Expansion ↗
Reviewed

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