LightPath shares jump 10.18% intraday after expanding AI-grade network in Columbus with 150 route miles.

LightPath surged 10.18% intraday following its announcement of a major expansion in its AI-grade fiber network in Greater Columbus, Ohio. The project adds 150 route miles of high-density fiber, more than doubling its regional footprint, and is designed to support hyperscale data center deployments critical for AI workloads. The expansion underscores LightPath’s strategic focus on building infrastructure to meet growing demand for AI connectivity in the Midwest, aligning with its recent projects in Phoenix and Eastern Pennsylvania. The move strengthens its position as a key provider of low-latency, high-capacity fiber solutions, positioning the company to capitalize on AI-driven infrastructure growth. With construction phases set to conclude by mid-2027, the news likely boosted investor confidence in LightPath’s ability to secure long-term contracts with hyperscale and enterprise clients.