Synnex - Digitization and AI Boom Should Sustainably Improve Results!
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Business drivers: Synnex (SNX) is one of the world's leading providers in IT distribution, with over 150,000 customers in more than 100 countries. As many companies and government agencies significantly increase their investments in digitization, the outlook for TD Synnex has brightened considerably for some time now. New software suites like Microsoft's Copilot or new AI servers and AI PCs are likely to lead to higher selling prices and thus higher margins in the medium term. On June 24, Synnex surprised with better than expected Q2 results....
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