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OpenLight Partners with Jabil to Address Accelerating Demand for Optical Components in AI, ML, and Datacenter Applications PR Newswire SANTA CLARA, Calif., March 20, 2024 Industry First "Silicon to Solutions" Manufacturing Approach Paves Way for Scalability of Current and Next Generation Photonic Integrated Circuits (PICs) SANTA CLARA, Calif. , March 20, 2024 /PRNewswire/ -- To streamline and facilitate a back-end manufacturing ecosystem for PICs, OpenLight, the world leader in custom PASIC chip...

Jabil Inc. (NYSE: JBL) announced today the closing of the transaction to divest its Mobility business to BYD Electronic (International) Company Limited (“BYDE”) in a cash transaction valued at $2.2 billion. The company previously announced the signing of a definitive agreement for the transaction on September 26, 2023. “We are pleased to successfully close this transformational deal and I am confident that this is the right step forward for Jabil,” said CEO Kenny Wilson. “The net...

Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 PR Newswire NEW YORK, Dec. 1, 2023 NEW YORK , Dec. 1, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18 , to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market...

Thinking about trading options or stock in Okta, GameStop, Workday, Stellantis, or Jabil? PR Newswire NEW YORK, Nov. 29, 2023 NEW YORK , Nov. 29, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for OKTA, GME, WDAY, STLA, and JBL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade...

Jabil Inc. (NYSE: JBL) today announced the findings of its latest global survey of additive manufacturing decision makers, which reinforces the steady ascent of 3D printing technologies and additive materials into production environments. Since 2017, Jabil has conducted this biennial survey to trace the trajectory of additive manufacturing while identifying the most promising opportunities and lingering challenges facing decision makers. The latest survey results reveal continued adoption of 3D...

Jabil Inc. (NYSE: JBL) today announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of August 15, 2023. The dividend is payable on September 5, 2023. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: Jabil (NYSE: JBL) is a manufacturing solutions provider with over 250,000 employees across 100 locations in 30 countries. The world's leading brands rely on Jabil's...

Jabil Inc. (NYSE: JBL) today announced the findings of its 2023 global survey of energy storage and battery solution providers. The results reveal steady expansion in the production of energy storage systems (ESS) to ensure consistent energy supply while increasing power grid stability. Amid intensifying global energy demands, 88% of the survey participants are struggling to scale production of their ESS portfolios to keep pace with rapid industry growth. This press release features multimedia....

Napatech and Jabil Collaborate on Innovative Server Platform for High-Bandwidth, Low-Latency Fintech Applications PR Newswire COPENHAGEN, Denmark, June 21, 2023 COPENHAGEN, Denmark , June 21, 2023 /PRNewswire/ -- Napatech™ ( OSLO : NAPA.OL), the leading provider of programmable Smart Network Interface Cards (SmartNICs) and Infrastructure Processing Units (IPU) used in cloud, enterprise and telecom datacenter networks, today announced a collaboration with Jabil, Inc. on a server platform for...

Jabil Inc. (NYSE: JBL) today introduced its configure-to-order, high-performance server platform, which is purpose-built to support time-sensitive, low-latency cloud and fintech applications. Jabil’s new J312-S 1U and JS322-S 2U servers are powered by 4 th Gen Intel® Xeon dual socket processors and feature customizable, high-speed, and low-latency I/O options, along with NVMe, SAS, and SATA hot-pluggable storage capabilities. This press release features multimedia. View the full release here:...

Jabil Inc. (NYSE: JBL), today reported preliminary, unaudited financial results for its third quarter of fiscal year 2023. “Our business is in good shape and the Jabil team has executed well this year, in what has been a dynamic operating environment,” said CEO Kenny Wilson. “Our strong year-to-date performance is a testament to Jabil’s strengths, specifically our diversified end-market portfolio and worldwide connected factory network, which enables us to offer unique engineering,...

Jabil Inc. (NYSE: JBL), a manufacturing solutions company, today announced it will release its third quarter of fiscal year 2023 financials on Thursday, June 15, 2023, before the market opens. The company will host a conference call and webcast to review the results on Thursday, June 15, 2023, at 8:30 a.m. ET. What: Jabil’s Third Quarter of Fiscal Year 2023 Conference Call and Webcast When: Thursday, June 15, 2023 – 8:30 a.m. ET Dial-in: U.S. (877) 407-6184 or International (201) 389-0877 To...

Jabil Inc. (NYSE: JBL) today announced it is scheduled to present at the Goldman Sachs Industrials & Materials Conference on Wednesday, May 10, 2023, at 10:55 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: Jabil (NYSE: JBL) is a manufacturing solutions provider with over 250,000 employees across 100 locations in 30 countries. The world's leading brands rely on Jabil's unmatched breadth...

Jabil Inc. (NYSE: JBL), a global manufacturing solutions provider, today announced that Kenny Wilson has officially assumed the role of Chief Executive Officer (CEO). Wilson, a long-time leader within Jabil, succeeds Mark Mondello who will remain with the company as Executive Chairman of the Board. Wilson was also appointed to the Board of Directors last week. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230501005273/en/ On May 1,...

Jabil Inc. (NYSE: JBL) today introduced PLA 3110P, a novel powder based on a renewably sourced biomaterial that offers a bio-based alternative to petrochemical-based powders, such as Nylon-12 (PA 12). Developed in collaboration with NatureWorks , a leading manufacturer of polylactic acid (PLA) biopolymers, the new Jabil PLA 3110P material is made with NatureWorks Ingeo™ PLA and leverages Jabil’s “beaker to box” material innovations to deliver the first-ever PLA-based powder optimized for...

Jabil Inc. (NYSE: JBL) today announced that its Board of Directors declared a quarterly dividend of $0.08 per share of common stock to shareholders of record as of May 15, 2023. The dividend is payable on June 2, 2023. Jabil has paid consecutive quarterly cash dividends on its common shares since May 15, 2006. About Jabil: Jabil (NYSE: JBL) is a manufacturing solutions provider with over 250,000 employees across 100 locations in 30 countries. The world's leading brands rely on Jabil's unmatched...

Jabil Inc. (NYSE: JBL) (“Jabil”) announced the pricing of its offering of $300 million aggregate principal amount of its 5.450% Senior Notes due 2029 (the “Offering”) on April 10, 2023. Jabil anticipates that the closing of the Offering will occur on April 13, 2023, subject to customary closing conditions. Jabil intends to use the net proceeds from the Offering for general corporate purposes, including, together with available cash, the repayment of $300 million aggregate principal...

Sarcos Technology and Robotics Corporation (“Sarcos”) (NASDAQ: STRC and STRCW), a leader in the design, development and manufacture of advanced robotic systems that redefine human possibilities, is collaborating with Jabil Inc. , a leading manufacturing solutions provider, to expand Sarcos’ production capacity for its robotic systems and sub-systems. Under the terms of the agreement, Sarcos will utilize Jabil’s broad manufacturing services to produce a variety of leading-edge robotic...

Jabil Inc. (NYSE: JBL) has teamed with KAV Sports on made-to-order, personalized bicycle helmets that deliver a better fit for superior comfort and protection using custom engineered materials and additive manufacturing . Recognized by Time Magazine as one of the “best inventions of 2022,” the KAV Portola helmet is made from custom nylon carbon-fiber material engineered by Jabil to meet exacting standards for performance and aesthetics. This press release features multimedia. View the full...

Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2023. “The Jabil team delivered another outstanding quarter, highlighted by excellent operational execution and solid revenue growth,” said Chairman and CEO Mark Mondello. “Our diversified portfolio allowed us to successfully navigate a very dynamic macro environment and deliver robust year-on-year financial results,” he added. Second Quarter of Fiscal Year 2023...

Jabil Inc. (NYSE: JBL) today announced that its photonics business unit is expanding its design, manufacturing, and testing capabilities, culminating in the launch of a new Active Optical Cable (AOC) family. As a result, Jabil is uniquely positioned to address the rapid pace of advancements in optics-enabled network and data center architectures while supporting the continuing surge of artificial intelligence (AI), cloud, high-performance computing (HPC), and machine learning (ML) applications....