Jabil shares rose 2.54% following an unexpected rebound in the U.S. manufacturing sector (ISM PMI), reinforcing confidence in its core Intelligent Infrastructure segment, which handles AI-related cloud and data center equipment.
- The company emphasized its strategic focus through a recent collaboration and minority investment in Eagle Harbor Technologies.
- This investment aims to expose Jabil to high-complexity, advanced semiconductor fabrication, opening up higher-margin opportunities.
- Shares closed at $243.22 on February 2.