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Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract

Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global hyperscaler for AI-ready data centre projects in the US. The deal, spanning FY27–FY29, strengthens STLs position in the growing AI infrastructure space and supports hyperscale data centre deployments with advanced networking solutions.

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economictimes.indiatimes.com

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economictimes.indiatimes.comStai leggendo1 g fa

Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract

Sterlite Technologies' subsidiary secured a $1.11B multi-year supply agreement with an undisclosed global hyperscaler to deliver optical connectivity products for AI data centre infrastructure in the US between FY27 and FY29. For tech leaders evaluating AI infrastructure supply chains, this signals accelerating hyperscaler capex in optical networking and positions STL as a tier-1 vendor in the GPU-cluster connectivity stack.

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thehindu.com3 g fa

STL’s subsidiary announces supply agreement valued over $1Bn with a Hyperscaler for AI-Ready Data Center…

STL’s subsidiary announces supply agreement valued over $1Bn with a Hyperscaler for AI-Ready Data Center build-outs

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Timeline cronologica

venerdì 22 maggio 2026·thehindu.com
STL’s subsidiary announces supply agreement valued over $1Bn with a Hyperscaler for AI-Ready Data Center build-outs
STL’s subsidiary announces supply agreement valued over $1Bn with a Hyperscaler for AI-Ready Data Center build-outs
lunedì 25 maggio 2026·economictimes.indiatimes.com
Sterlite Technologies shares rise 5% after subsidiary bags $1.1 billion hyperscaler AI contract
Sterlite Technologies shares rose nearly 5% after its subsidiary secured a multi-year optical connectivity supply agreement worth an estimated $1.11 billion from a global…