Top 9 AI News and Stock Ratings Today

3. Jabil Inc. (NYSE:JBL)

Number of Hedge Fund Holders: 55

Jabi Inc.(NYSE:JBL) is a leading manufacturing services provider prioritizing engineering and supply chain solutions for OEMs across diverse industries.

On April 1st, Jabil Inc. (NYSE:JBL) launched the 1.6T transceivers, capable of transmitting data at rates up to 1.6 Terabits per second (Tbps). The new transceivers expand its portfolio of photonics products to match the growing demand for AI/ML workloads, high-performance computing, cloud computing, and high-speed data center interconnects. The company claims these new transceivers can double the bandwidth capacity of data center racks without modifying existing infrastructure.

“Today’s AI and data center technologies need powerful photonics capabilities that can keep up with the pace of innovation. We’re proud to have a product based on a proven silicon photonics solution that can make a real impact for businesses pushing the boundaries of what’s possible.”

-said Matt Crowley, executive vice president of Global Business Units at Jabil Inc.