Reported about 16 hours ago
Jabil Inc. (NYSE:JBL) saw an 8.89% increase in its stock price, closing at $196.89, following the announcement of a $500 million investment to expand its cloud and AI data center infrastructure in the US. CEO Mike Dastoor remarked that this initiative is crucial for diversifying Jabil's portfolio and enhancing its US operations, which includes 30 facilities dedicated to automation, robotics, and process optimization.
Source: YAHOO