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Jabil forecasts upbeat full-year results on AI-driven data center demand
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Jabil forecasts upbeat full-year results on AI-driven data center demand
Sep 25, 2025 6:10 AM

Sept 25 (Reuters) - Jabil ( JBL ) forecast profit and

revenue for the fiscal year 2026 above Wall Street estimates on

Thursday, as the electronics component maker banks on an

artificial intelligence-driven boom for data centers.

The company, which supplies electronic components to Apple ( AAPL )

, also surpassed Street expectations for its

fourth-quarter results.

An influx of capital to build data centers, driven by strong

demand for computing to support AI technologies, has benefited

companies like Jabil ( JBL ).

Jabil ( JBL ) expects full-year 2026 revenues of $31.3 billion,

above analysts' average expectations of $30.75 billion,

according to data compiled by LSEG.

It expects an adjusted profit per share of $11.00 for the

year, also above estimates of $10.83.

Fourth-quarter revenue rose 18.5% to $8.25 billion,

surpassing estimates of $7.59 billion. Adjusted profit per share

was $3.29, while analysts expected $2.92.

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