Jabil raises annual profit forecast amid strong data center demand

Jabil raised its 2026 profit forecast on Wednesday, as the electronic-component maker looks to capitalize on AI-led demand for data centers.

A surge in data-center infrastructure spending, driven by strong demand for AI ‌computing power, ⁠has ⁠benefited companies such as Jabil.

“AI infrastructure demand remains ​extremely strong,” said CEO Mike Dastoor, adding the company continued ​to see better-than-expected performance particularly in its automotive and connected living segment that had ​earlier been under pressure.

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