Jabil tops first-quarter estimates on data center infrastructure demand

Quick Summary:

-Electronic components maker Jabil beat first-quarter profit and revenue estimates on Wednesday, driven by increased demand for data center infrastructure.

Shares of the company were up 10 per cent in premarket trading.

The company has benefited from the surge in artificial intelligence technologies and the increased demand for AI infrastructure.The St.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Company Demand Components Estimates Reported Jabil Profit Increased Revenue Infrastructure Data

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 21:25:41 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 181 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24539409

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 43 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 11 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #27

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