PREDICTION : A $10 , 000 INVESTMENT IN THIS ARTIFICIAL INTELLIGENCE ( AI ) HARDWARE STOCK WILL AT LEAST DOUBLE BY 2030 ( HINT : IT NOT NVIDIA OR MICRON )

AI hardware stock predicted to double by 2030, excluding Nvidia and Micron.

Context

What happened: A prediction piece argues Jabil (JBL) could double by 2030 on AI hardware demand, noting it is not Nvidia or Micron. Jabil makes AI server racks, cooling, and power management for hyperscalers. Key numbers: Jabil fiscal 2026 revenue $36 billion, up 21%. AI revenue $14.4 billion versus $5.4 billion prior year. Fiscal 2027 AI revenue expected $22.1 billion. Why it matters: The article cites analyst estimate increases and a land-and-expand strategy with hyperscale customers, projecting EPS of $29.82 in fiscal 2030 and a $660 share price at 22 times earnings.

What changed

AI hardware stock predicted to double by 2030, excluding Nvidia and Micron.

Why it matters

AI hardware stock predicted to double by 2030, excluding Nvidia and Micron. — impact context not separately stored; see What changed.

Sources

gdelt