Summary
121.02 6.00(5.22%)05/20/2024
Jabil Inc (JBL)
Jabil Inc (JBL)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.30 | -0.03 | -15.28 | -10.77 | -6.98 | 50.16 | 301.81 | 15,710.45 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 117.41 | |
| Open | 118.77 | |
| High | 118.78 | |
| Low | 117.17 | |
| Volume | 1,105,469 | |
| Change | -1.55 | |
| Change % | -1.30 | |
| Avg Volume (20 Days) | 1,380,032 | |
| Volume/Avg Volume (20 Days) Ratio | 0.80 | |
| 52 Week Range | 77.22 - 156.94 | |
| Price vs 52 Week High | -25.19% | |
| Price vs 52 Week Low | 52.05% | |
| Range | -1.15 | |
| Gap Up/Down | -0.54 | |
Fundamentals | ||
| Market Capitalization (Mln) | 14,593 | |
| EBIDTA | 2,356,000,000 | |
| PE Ratio | 10.2210 | |
| PEG Ratio | 0.9100 | |
| WallStreet Target Price | 148.46 | |
| Book Value | 21.7080 | |
| Earnings Per Share | 11.5400 | |
| EPS Estimate Current Quarter | 1.6600 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 8.3700 | |
| EPS Estimate Next Year | 10.5000 | |
| Diluted EPS (TTM) | 11.5400 | |
| Revenues | ||
| Profit Marging | 0.0470 | |
| Operating Marging (TTM) | 0.0452 | |
| Return on asset (TTM) | 0.0542 | |
| Return on equity (TTM) | 0.5660 | |
| Revenue TTM | 32,086,999,040 | |
| Revenue per share TTM | 247.5850 | |
| Quarterly Revenue Growth (YOY) | -0.1680 | |
| Quarterly Earnings Growth (YOY) | 3.8090 | |
| Gross Profit (TTM) | 2,867,000,000 | |
| Dividends | ||
| Dividend Share | 0.3200 | |
| Dividend Yield | 0.0027 | |
| Valuations | ||
| Trailing PE | 10.2210 | |
| Forward PE | 16.0256 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 6.0830 | |
| Revenue Enterprise Value | 0.5253 | |
| EBITDA Enterprise Value | 5.7406 | |
| Shares | ||
| Shares Outstanding | 120,597,000 | |
| Shares Float | 116,238,929 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.04 | |
| Insider (%) | 2.73 | |
| Institutions (%) | 99.06 | |
05/20 14:45 EST - https://www.gurufocus.com
Jabil's Stock Rises Amid CEO Change and Reaffirmed Guidance
Jabil (JBL +7%) is seeing a boost today following several key announcements. The electronic circuit board manufacturer has appointed a new CEO, reaffirmed its Q3 (May) and FY24 (Aug) guidance, and removed its FY25 guidance. After projecting bearish Q3 and FY24 guidance in late March, former CEO Kenneth Wilson was placed on paid leave pending a corporate policy investigation, causing the stock to drop over 25% from all-time highs as of yesterday's close. Despite these challenges, Jabil didn't remain passive. In the month since Wilson was replaced by interim CEO Michael Dastoor, who was formerly CFO, Dastoor has been named the permanent CEO. Amid a volatile economic backdrop, Jabil has established some stability by reiterating its quarterly and full-year forecasts, including Q3 EPS of $1.65-2.05 and revenues of $6.2-6.8 billion, and FY24 EPS of $8.40. Although Jabil withdrew its FY25 EPS outlook of $10.65 due to the uncertain macroeconomic environment and abrupt CEO change, investors are optimistic. They appreciate Jabil's ability to stay on course to meet near-term guidance despite internal setbacks. The big question now is whether the new CEO can help Jabil resume its broader upward trend. Although Jabil withdrew its FY25 guidance, its ability to stay on track for its FY24 outlook shows strong management despite the unexpected CEO change. With this issue resolved, Jabil can focus on executing accelerated buybacks and ending FY24 on a positive note.
Jabil's Stock Rises Amid CEO Change and Reaffirmed Guidance
Jabil (JBL +7%) is seeing a boost today following several key announcements. The electronic circuit board manufacturer has appointed a new CEO, reaffirmed its Q3 (May) and FY24 (Aug) guidance, and removed its FY25 guidance. After projecting bearish Q3 and FY24 guidance in late March, former CEO Kenneth Wilson was placed on paid leave pending a corporate policy investigation, causing the stock to drop over 25% from all-time highs as of yesterday's close. Despite these challenges, Jabil didn't remain passive. In the month since Wilson was replaced by interim CEO Michael Dastoor, who was formerly CFO, Dastoor has been named the permanent CEO. Amid a volatile economic backdrop, Jabil has established some stability by reiterating its quarterly and full-year forecasts, including Q3 EPS of $1.65-2.05 and revenues of $6.2-6.8 billion, and FY24 EPS of $8.40. Although Jabil withdrew its FY25 EPS outlook of $10.65 due to the uncertain macroeconomic environment and abrupt CEO change, investors are optimistic. They appreciate Jabil's ability to stay on course to meet near-term guidance despite internal setbacks. The big question now is whether the new CEO can help Jabil resume its broader upward trend. Although Jabil withdrew its FY25 guidance, its ability to stay on track for its FY24 outlook shows strong management despite the unexpected CEO change. With this issue resolved, Jabil can focus on executing accelerated buybacks and ending FY24 on a positive note.
05/20 14:24 EST - reuters.com
Jabil replaces CEO after investigation, pulls 2025 forecast
Jabil CEO Kenneth Wilson will leave immediately, the company said on Monday, following the completion of a previously disclosed investigation related to "corporate policies" and will be succeeded by finance chief Michael Dastoor.
Jabil replaces CEO after investigation, pulls 2025 forecast
Jabil CEO Kenneth Wilson will leave immediately, the company said on Monday, following the completion of a previously disclosed investigation related to "corporate policies" and will be succeeded by finance chief Michael Dastoor.
05/20 09:10 EST - businesswire.com
Jabil Reiterates Fiscal Year 2024 Guidance
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) today announced it is confirming its previously provided third quarter of fiscal year 2024 guidance for net revenue of $6.2 billion to $6.8 billion, U.S. GAAP operating income of $221 million to $301 million, U.S. GAAP diluted earnings per share of $0.82 to $1.38, core operating income of $325 million to $385 million, and core diluted earnings per share of $1.65 to $2.05. A reconciliation of U.S. GAAP to non-GAAP measures can be foun.
Jabil Reiterates Fiscal Year 2024 Guidance
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) today announced it is confirming its previously provided third quarter of fiscal year 2024 guidance for net revenue of $6.2 billion to $6.8 billion, U.S. GAAP operating income of $221 million to $301 million, U.S. GAAP diluted earnings per share of $0.82 to $1.38, core operating income of $325 million to $385 million, and core diluted earnings per share of $1.65 to $2.05. A reconciliation of U.S. GAAP to non-GAAP measures can be foun.
05/20 09:05 EST - https://www.businesswire.com
Jabil Announces Leadership Transitions
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) (“Jabil” or the “Company”) today announced a number of senior leadership transitions that are effective immediately. Michael Dastoor, who has been serving as Chief Financial Officer and Interim CEO, has been appointed Chief Executive Officer. He succeeds Kenneth Wilson, who will no longer serve as Chief Executive Officer or on Jabil’s Board of Directors. Gregory Hebard, most recently Senior Vice President, Treasurer, has been appointed Chief Financial Officer. These actions follow the completion of the investigation related to corporate policies, which Jabil initially disclosed on April 18, 2024. This investigation did not relate to, and does not impact, the Company’s financial statements or financial reporting. Mark Mondello, Executive Chairman of Jabil’s Board, said, “I have worked side-by-side with Mike for many years. I’m most confident in Mike’s abilities and appreciate his depth of experience. He has a complete understanding of the business and our people. Mike also carries an intense respect for our culture.” “I am humbled by the trust that our Board has placed in me. I have tremendous pride in this Company and am fully committed to delivering results for our customers, our employees, and our investors in collaboration with all our partners,” said Dastoor. “We have an exceptional team at all levels in the organization. I look forward to working with all of them as we work to build on Jabil's legacy and pursue the exciting opportunities ahead.” “We are also fortunate to have such a strong leadership roster to guide the Company into its next chapter and we couldn’t be more pleased to appoint Greg as our new CFO. Greg is an accomplished financial professional with a deep knowledge of Jabil and all its business units, and we look forward to partnering with him as we advance our strategic roadmap.” Separately, Jabil has made several other appointments to the Company’s leadership team: Fred McCoy has been appointed Executive Vice President, Operations, replacing JJ Creadon. McCoy was most recently Executive Vice President, Global Business Units. Steve Borges has returned to his role under the title of Executive Vice President, Global Business Units, following a previously announced retirement. Matt Crowley has been appointed Executive Vice President, Global Business Units. He was most recently Senior Vice President, Global Business Units. Andy Priestley has been appointed Executive Vice President, Global Business Units. He was most recently Senior Vice President, Global Business Units. About Mike Dastoor Dastoor has served as the Company’s Chief Financial Officer since 2018. Over his 24-year tenure at Jabil, he has held multiple leadership roles across Jabil’s global markets since joining in 2000, including serving as Senior Vice President, Controller from 2010 to 2018. About Greg Hebard Hebard has served as Senior Vice President, Treasurer since 2021. He joined Jabil in 2009 and has held roles of increasing responsibility in the Finance function, including as Vice President and then Senior Vice President, CFO Green Point from 2017 to 2021 and previously as Vice President, Financial Planning & Analysis from 2013 to 2017. About Fred McCoy McCoy has served as Executive Vice President, Global Business Units since 2023. He joined Jabil in 2001 and has held positions of increasing responsibility across the Company over the past two decades, including serving as Executive Vice President & Chief Executive Officer, Electronics Manufacturing Services from 2021 and as Senior Vice President, Global Business Units from 2017. About Steve Borges Borges was named Executive Vice President & Chief Executive Officer, Diversified Manufacturing Services in 2022. Borges joined Jabil in 1993 and has global experience in positions of increasing responsibility across the Company. He served as Executive Vice President, Chief Executive Officer, Regulated Industries from 2020, with additional responsibility for additive manufacturing. He previously served as Executive Vice President, Chief Executive Officer, Healthcare, from 2015. About Matt Crowley Crowley has been Senior Vice President, Global Business Units since 2022. He joined Jabil in 2018 and previously served as Vice President, Global Business Units from 2019 and as Senior Director, Cloud from 2018. Before joining Jabil, Mr. Crowley held positions with Dell and Amazon Web Services. About Andy Priestley Priestley has been Senior Vice President, Global Business Units since 2014. He joined Jabil in 1996 and has held positions of increasing responsibility across the Company, including as Vice President, Global Business Units from 2012. About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.
Jabil Announces Leadership Transitions
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) (“Jabil” or the “Company”) today announced a number of senior leadership transitions that are effective immediately. Michael Dastoor, who has been serving as Chief Financial Officer and Interim CEO, has been appointed Chief Executive Officer. He succeeds Kenneth Wilson, who will no longer serve as Chief Executive Officer or on Jabil’s Board of Directors. Gregory Hebard, most recently Senior Vice President, Treasurer, has been appointed Chief Financial Officer. These actions follow the completion of the investigation related to corporate policies, which Jabil initially disclosed on April 18, 2024. This investigation did not relate to, and does not impact, the Company’s financial statements or financial reporting. Mark Mondello, Executive Chairman of Jabil’s Board, said, “I have worked side-by-side with Mike for many years. I’m most confident in Mike’s abilities and appreciate his depth of experience. He has a complete understanding of the business and our people. Mike also carries an intense respect for our culture.” “I am humbled by the trust that our Board has placed in me. I have tremendous pride in this Company and am fully committed to delivering results for our customers, our employees, and our investors in collaboration with all our partners,” said Dastoor. “We have an exceptional team at all levels in the organization. I look forward to working with all of them as we work to build on Jabil's legacy and pursue the exciting opportunities ahead.” “We are also fortunate to have such a strong leadership roster to guide the Company into its next chapter and we couldn’t be more pleased to appoint Greg as our new CFO. Greg is an accomplished financial professional with a deep knowledge of Jabil and all its business units, and we look forward to partnering with him as we advance our strategic roadmap.” Separately, Jabil has made several other appointments to the Company’s leadership team: Fred McCoy has been appointed Executive Vice President, Operations, replacing JJ Creadon. McCoy was most recently Executive Vice President, Global Business Units. Steve Borges has returned to his role under the title of Executive Vice President, Global Business Units, following a previously announced retirement. Matt Crowley has been appointed Executive Vice President, Global Business Units. He was most recently Senior Vice President, Global Business Units. Andy Priestley has been appointed Executive Vice President, Global Business Units. He was most recently Senior Vice President, Global Business Units. About Mike Dastoor Dastoor has served as the Company’s Chief Financial Officer since 2018. Over his 24-year tenure at Jabil, he has held multiple leadership roles across Jabil’s global markets since joining in 2000, including serving as Senior Vice President, Controller from 2010 to 2018. About Greg Hebard Hebard has served as Senior Vice President, Treasurer since 2021. He joined Jabil in 2009 and has held roles of increasing responsibility in the Finance function, including as Vice President and then Senior Vice President, CFO Green Point from 2017 to 2021 and previously as Vice President, Financial Planning & Analysis from 2013 to 2017. About Fred McCoy McCoy has served as Executive Vice President, Global Business Units since 2023. He joined Jabil in 2001 and has held positions of increasing responsibility across the Company over the past two decades, including serving as Executive Vice President & Chief Executive Officer, Electronics Manufacturing Services from 2021 and as Senior Vice President, Global Business Units from 2017. About Steve Borges Borges was named Executive Vice President & Chief Executive Officer, Diversified Manufacturing Services in 2022. Borges joined Jabil in 1993 and has global experience in positions of increasing responsibility across the Company. He served as Executive Vice President, Chief Executive Officer, Regulated Industries from 2020, with additional responsibility for additive manufacturing. He previously served as Executive Vice President, Chief Executive Officer, Healthcare, from 2015. About Matt Crowley Crowley has been Senior Vice President, Global Business Units since 2022. He joined Jabil in 2018 and previously served as Vice President, Global Business Units from 2019 and as Senior Director, Cloud from 2018. Before joining Jabil, Mr. Crowley held positions with Dell and Amazon Web Services. About Andy Priestley Priestley has been Senior Vice President, Global Business Units since 2014. He joined Jabil in 1996 and has held positions of increasing responsibility across the Company, including as Vice President, Global Business Units from 2012. About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufacturing, and supply chain solutions. With over 50 years of experience across industries and a vast network of over 100 sites worldwide, Jabil combines global reach with local expertise to deliver both scalable and customized solutions. Our commitment extends beyond business success as we strive to build sustainable processes that minimize environmental impact and foster vibrant and diverse communities around the globe. Discover more at www.jabil.com.
05/17 09:30 EST - businesswire.com
Revlon Appoints Tchernavia Rocker as Chief People Officer
NEW YORK--(BUSINESS WIRE)--Revlon Group Holdings LLC (“Revlon” or the “Company”) today announced that Tchernavia Rocker has been appointed to the role of Chief People Officer. Ms. Rocker will also play an advisory role in building Revlon's ethnic hair care portfolio. She will join Revlon effective June 3, 2024, and will report directly to Chief Executive Officer Elizabeth (Liz) Smith. Ms. Rocker comes to Revlon with significant leadership experience in Human Resources as well as Organizational.
Revlon Appoints Tchernavia Rocker as Chief People Officer
NEW YORK--(BUSINESS WIRE)--Revlon Group Holdings LLC (“Revlon” or the “Company”) today announced that Tchernavia Rocker has been appointed to the role of Chief People Officer. Ms. Rocker will also play an advisory role in building Revlon's ethnic hair care portfolio. She will join Revlon effective June 3, 2024, and will report directly to Chief Executive Officer Elizabeth (Liz) Smith. Ms. Rocker comes to Revlon with significant leadership experience in Human Resources as well as Organizational.
05/17 09:27 EST - businesswire.com
Jabil to Present at Upcoming Conference
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) today announced it is scheduled to present at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024, at 8:10 AM EST. A live audio webcast and replay of the event will be accessible on the Jabil Investor Relations website at https://investors.jabil.com. About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufa.
Jabil to Present at Upcoming Conference
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL) today announced it is scheduled to present at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024, at 8:10 AM EST. A live audio webcast and replay of the event will be accessible on the Jabil Investor Relations website at https://investors.jabil.com. About Jabil: At Jabil (NYSE: JBL), we are proud to be a trusted partner for the world's top brands, offering comprehensive engineering, manufa.
05/16 20:50 EST - prnewswire.com
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Jabil Inc. - JBL
NEW YORK , May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Jabil Inc. ("Jabil" or the "Company") (NYSE: JBL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Jabil Inc. - JBL
NEW YORK , May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Jabil Inc. ("Jabil" or the "Company") (NYSE: JBL). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
05/16 16:35 EST - businesswire.com
Kirby McInerney LLP is Investigating Potential Shareholder Claims Against Jabil Inc. (JBL)
NEW YORK--(BUSINESS WIRE)---- $JBL #Investigation--The law firm of Kirby McInerney LLP reminds investors that the firm is investigating potential claims against Jabil Inc. (“Jabil” or the “Company”) (NYSE: JBL). The firm's ongoing investigation concerns whether Jabil and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 18, 2024, Jabil disclosed in a filing with the U.S. Securities and Ex.
Kirby McInerney LLP is Investigating Potential Shareholder Claims Against Jabil Inc. (JBL)
NEW YORK--(BUSINESS WIRE)---- $JBL #Investigation--The law firm of Kirby McInerney LLP reminds investors that the firm is investigating potential claims against Jabil Inc. (“Jabil” or the “Company”) (NYSE: JBL). The firm's ongoing investigation concerns whether Jabil and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices. [Click here to learn more about the investigation] On April 18, 2024, Jabil disclosed in a filing with the U.S. Securities and Ex.
05/01 08:00 EST - investors.com
9 Stocks Can Make You Rich In May While Others Flee
May is here. Tempted to sell your S&P 500 stocks and go away until November?
9 Stocks Can Make You Rich In May While Others Flee
May is here. Tempted to sell your S&P 500 stocks and go away until November?
04/18 19:42 EST - marketwatch.com
Jabil's stock declines as CEO Kenny Wilson goes on paid leave pending an investigation
Jabil Inc. shares declined in Thursday's extended trading after the company said its chief executive was going on paid leave pending an investigation related to company policies.
Jabil's stock declines as CEO Kenny Wilson goes on paid leave pending an investigation
Jabil Inc. shares declined in Thursday's extended trading after the company said its chief executive was going on paid leave pending an investigation related to company policies.
04/18 18:57 EST - reuters.com
Jabil places CEO Wilson on paid leave amid investigation
Jabil Inc has placed Chief Executive Officer Kenneth Wilson on a paid leave since April 15 pending completion of an investigation related to corporate policies, the electronic components maker said on Thursday.
Jabil places CEO Wilson on paid leave amid investigation
Jabil Inc has placed Chief Executive Officer Kenneth Wilson on a paid leave since April 15 pending completion of an investigation related to corporate policies, the electronic components maker said on Thursday.
04/18 17:45 EST - wsj.com
Jabil Places CEO Kenneth S. Wilson on Paid Leave Pending Investigation
The electronics contract manufacturer said the conduct in question doesn't relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO.
Jabil Places CEO Kenneth S. Wilson on Paid Leave Pending Investigation
The electronics contract manufacturer said the conduct in question doesn't relate to or affect the its financial statements. The company named CFO Michael Dastoor as interim CEO.
04/16 09:00 EST - businesswire.com
Smart Electrical Panel Pioneer SPAN Collaborates with Global Manufacturing Leader Jabil to Ramp Volume Manufacturing
SAN FRANCISCO--(BUSINESS WIRE)--SPAN, the innovator in home energy management technology, is teaming up with Jabil, a global leader in engineering, manufacturing, and supply chain solutions, to support the rapid expansion of SPAN's product portfolio. This new alliance secures SPAN's ability to fulfill the accelerating demand for both current electrical panels and future products with speed, agility, and quality. In order to build a more sustainable and resilient future where people have the abi.
Smart Electrical Panel Pioneer SPAN Collaborates with Global Manufacturing Leader Jabil to Ramp Volume Manufacturing
SAN FRANCISCO--(BUSINESS WIRE)--SPAN, the innovator in home energy management technology, is teaming up with Jabil, a global leader in engineering, manufacturing, and supply chain solutions, to support the rapid expansion of SPAN's product portfolio. This new alliance secures SPAN's ability to fulfill the accelerating demand for both current electrical panels and future products with speed, agility, and quality. In order to build a more sustainable and resilient future where people have the abi.
04/06 05:10 EST - fool.com
1 Incredibly Cheap Stock to Buy Before It Starts Soaring Thanks to Artificial Intelligence (AI)
Jabil stock plunged last month after management offered weaker-than-expected guidance. AI is likely to drive a turnaround in its business from the next fiscal year.
1 Incredibly Cheap Stock to Buy Before It Starts Soaring Thanks to Artificial Intelligence (AI)
Jabil stock plunged last month after management offered weaker-than-expected guidance. AI is likely to drive a turnaround in its business from the next fiscal year.
04/01 10:06 EST - zacks.com
Investors Heavily Search Jabil, Inc. (JBL): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Jabil (JBL). This makes it worthwhile to examine what the stock has in store.
Investors Heavily Search Jabil, Inc. (JBL): Here is What You Need to Know
Recently, Zacks.com users have been paying close attention to Jabil (JBL). This makes it worthwhile to examine what the stock has in store.
03/30 09:00 EST - investorplace.com
AI Spotlight: 3 New S&P 500 Stocks Worth Keeping an Eye On
It's no surprise that the biggest new arrivals on the S&P 500 all have strong ties to the world of artificial intelligence (AI). Recent reports suggest that the generative AI boom which helped to drive forward Wall Street in 2023 is set to become a $1.3 trillion industry by 2032, growing at a compound annual growth rate (CAGR) of 42%.
AI Spotlight: 3 New S&P 500 Stocks Worth Keeping an Eye On
It's no surprise that the biggest new arrivals on the S&P 500 all have strong ties to the world of artificial intelligence (AI). Recent reports suggest that the generative AI boom which helped to drive forward Wall Street in 2023 is set to become a $1.3 trillion industry by 2032, growing at a compound annual growth rate (CAGR) of 42%.
03/26 11:26 EST - zacks.com
Jabil (JBL) Teams Up With MaxLinear to Boost Data Connectivity
With a focus on reliability, scalability and performance, the new 800G optical transceiver modules from Jabil (JBL) are poised to drive significant advancements in data-intensive applications.
Jabil (JBL) Teams Up With MaxLinear to Boost Data Connectivity
With a focus on reliability, scalability and performance, the new 800G optical transceiver modules from Jabil (JBL) are poised to drive significant advancements in data-intensive applications.
03/25 08:30 EST - businesswire.com
MaxLinear and Jabil Announce Silicon Photonics-Based Pluggable 800G Optical Module Production Availability
CARLSBAD, Calif.--(BUSINESS WIRE)-- #connectivity--MaxLinear and Jabil announce silicon photonics-based pluggable 800G optical module production availability.
MaxLinear and Jabil Announce Silicon Photonics-Based Pluggable 800G Optical Module Production Availability
CARLSBAD, Calif.--(BUSINESS WIRE)-- #connectivity--MaxLinear and Jabil announce silicon photonics-based pluggable 800G optical module production availability.