Jabil forecasts upbeat full-year results on AI-driven data center demand
Jabil forecast profit and revenue for the fiscal year 2026 above Wall Street estimates on Thursday, as the electronics component maker banks on an artificial intelligence-driven boom for data centers.
The company, which supplies electronic components to Apple, also surpassed Street expectations for its fourth-quarter results.
An influx of capital to build data centers, driven by strong demand for computing to support AI technologies, has benefited companies like Jabil.
