Jabil's AI Data Center Boom: Stock Surge & Expansion
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Jabils stock surged 80% in the past year, driven by AI data center growth. In Q1, revenue jumped 23% to $8.3B, exceeding expectations. The intelligent infrastructure segment, accounting for half of their business, soared 52% YoY. Adjusted EPS climbed 39% to $2.69, boosted by smarter product mixes and cost controls. Jabil raised full-year outlook, targeting $34B in revenue and $12.25 per share, a 25% earnings increase. With a growing AI server market, Jabil is poised for further upside, potentially doubling the stock by fiscal 2028 if multiples hold steady.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/67e3d0f3408224e5