TE Connectivity invests $60M in NY facility for advanced fiber optics to boost AI data centers.

TE Connectivity is investing over $60 million to build a 135,000 sq ft research and manufacturing facility in Henrietta, New York, focused on next-generation fiber optic solutions for hyperscale AI data centers and cloud providers. The new facility will accelerate production of high-density fiber array units, supporting data centers' transition to more efficient, scalable architectures essential for AI and cloud computing. Expected to open in spring 2027, it will create over 800 jobs in engineering and manufacturing by 2031, reinforcing the Rochester region's status as a fiber optics hub. This move strengthens TE's optical technology capabilities alongside its copper products, meeting growing demand from data center customers.

TE Connectivity shares trade at USD 217.30 on Pluang as of Nov 12, 2026, 20:21 WIB, down 0.96% for the day. The company holds a market cap of $62.90 billion and offers a dividend yield of 1.42%. This investment in new R&D and manufacturing facilities aligns with TE's ongoing growth in the technology sector.