Jabil Capitalizes on AI Data Center Market Boom with Strategic Moves

Jabil, Inc. (JBL) is expanding its portfolio to capitalize on the growing cloud and AI data-center infrastructure market. The AI data-center infrastructure market is expected to reach $60.49 billion by 2030, with a CAGR of 28.3%. Jabil is investing $500 million in the Southeast U.S. and acquiring Mikros Technologies to boost its capabilities in liquid cooling and thermal management. The company expects $7.1 billion in revenues from the data center vertical in fiscal 2025, indicating 54% YoY growth. Jabil faces competition from Celestica and Flex Ltd., but its innovation and strong foothold in the market position it for long-term growth.