Jabil cushions market weaknesses: Datacenter business exceeds expectations and drives 23% revenue growth and forecast increase.

NVIDIA CEO Jensen Huang reported this week at the GTC about the AI factories that will be emerging in large numbers. These massive AI factories need to be assembled by someone. This is where Jabil (JBL;i) comes into play, one of the world's largest contract manufacturers (Electronic Manufacturing Services, EMS) for electronics. Jabil takes on the highly complex final manufacturing and system integration for major technology companies and cloud providers, ensuring these racks arrive virtually turnkey in data centers. The company released its numbers...