How Prysmian (PRYMY) Is Turning AI Data-Center Fiber Demand Into a Digital Solutions Growth Story

Prysmian S.p.A. (OTC:PRYMY) is one of the Best Fiber Optics Stocks to Buy for the AI Data Center Boom. On June 2, 2026, Jefferies raised its price target on Prysmian to €176, citing rising demand for optical fiber infrastructure tied to AI data centers. The firm pointed to Prysmian’s Digital Solutions unit as a key growth driver and forecast the segment’s revenue to grow at an annual rate of about 20% from 2026 to 2030, roughly doubling over that period.

The thesis fits the fiber optics theme more cleanly than broad connector or chip names because Prysmian is directly exposed to the physical cable layer. Its own May 13, 2026, discussion of AI fiber network design said AI data centers require dense, reliable optical infrastructure, including bend-insensitive single-mode fiber, ultra-high-count ribbon cables, and emerging hollow-core fiber that could extend the reach and speed of links between data centers.

How Prysmian (PRYMY) Is Turning AI Data-Center Fiber Demand Into a Digital Solutions Growth Story

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Prysmian S.p.A. (OTC:PRYMY) is a global cable and systems company serving energy, telecom, broadband, data center, and industrial markets. Its digital solutions portfolio includes optical fiber, fiber-optic cable, connectivity products, and high-density network infrastructure used in data centers and communications networks.

While we acknowledge the risk and potential of PRYMY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PRYMY and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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