UBS Upgrades Jabil to Buy, Sees 50% AI Revenue Jump Fueled by Amazon and Meta
UBS has upgraded Jabil Inc. to a Buy rating, projecting a 50% increase in AI-related revenue to $20.3 billion by fiscal 2027, driven by accelerated deployment of Amazon's Graviton and Trainium chips, and expanding demand from Meta and Google. Jabil's shares rose 3.4% on …