3M – Amazon Deal and Manufacturing Offensive Fuel AI Billion-Dollar Fantasy
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Amazon ties possible billion-dollar purchases to subscription rights for 3.16 million 3M shares. 3M's fiber optic technology can reduce installation costs by 85%. Microsoft is already using it. The EBO market could grow to $2 billion by 2028, with 3M expanding production and reporting pre-market on October 20 about Q3. The corporation 3M (MMM) , known for adhesives and industrial materials, is increasingly becoming a supplier for AI data centers. On October 19, it announced an expanded collaboration with Amazon and a new manufacturing partnership....
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