Jabil – the shovel seller of the AI gold rush raises its forecast again and impresses across the board!

For me, Jabil is the prime example of a second-tier AI beneficiary : While the big tech companies are pouring billions into data centers, this contract manufacturer provides the necessary components – and makes a hefty profit. In the third business quarter (ending in May), revenue soared by nearly 12% to 8.75 billion USD, clearly surpassing the expectation of 8.6 billion USD. The adjusted earnings per share rose to 3.16 USD, with a net profit of 275 million USD, up from 222 million USD last year. I am particularly impressed that management is...