💨 Abstract

Jabil, an electronic component maker, raised its 2025 profit and revenue forecast following strong Q2 results, driven by increased demand for data center infrastructure due to AI development. The company's semiconductor fabrication and test equipment sales also surged. Jabil posted Q2 earnings of $1.94 per share, above estimates, and raised its full-year revenue forecast to $27.9 billion from $27.3 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖