A quiet winner of the AI boom, with AI revenues growing by 50%!
As a manufacturer of servers, racks, and liquid cooling systems, Jabil is a winner of the AI boom. The P/E ratio is only 20.
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According to the NVIDIA CEO, AI infrastructure spending could reach up to $4 trillion by 2030. Oracle supported this on Wednesday with a 359% increase in RPO to $455 billion and a forecast for cloud infrastructure revenue growth from $18 billion to $144 billion over the next four years. Jabil is a quiet winner of the AI boom! As is well known, AI-related revenues are expected to grow by 50% to $8.5 billion this year. Jabil manufactures servers, racks, networking equipment, liquid cooling solutions, and testing devices. With a new $500 million...
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