Nope, it's 1/2 - 2/3 the speed of light depending on the metals used.
And it's set by the dielectric, not the conducting material.
Oh and also: currently the idea behind on-chip lasers is interconnects that don't have this limitation. For example, PCIE is looking to build optical interconnects, which will do the equivalent of bringing every GPU 10x closer to the memory.
Optical computation would require that light switches light transistors on and off, which doesn't seem to be possible with this technology. This is optical computation in the sense of allowing light beams to be produced according to formulas.