JBL Jabil Inc.

Jabil Invests in the Future of AI with Intel Silicon Photonics Transceiver Deal

(NYSE: JBL), a global leader in design, manufacturing, and supply chain solutions, today announced it will take over the manufacture and sale of ’s current Silicon Photonics-based pluggable optical transceiver (“module”) product lines and the development of future generations of such modules.

"This deal better positions Jabil to cater to the needs of our valued customers in the data center industry, including hyperscale, next-wave clouds, and AI cloud data centers. These complex environments present unique challenges, and we are committed to tackling them head-on and delivering innovative solutions to support the evolving demands of the data center ecosystem," stated Matt Crowley, Senior Vice President of Cloud and Enterprise Infrastructure at Jabil. "This deal enables Jabil to expand its presence in the data center value chain."

Through its business unit, Jabil empowers organizations to reduce the complexities of developing and deploying enhanced optical networking solutions by offering complete photonics capabilities, including component design, system assembly, and streamlined supply chain management.

“We are pleased to reach this agreement with a world-class supplier like Jabil. We look forward to working closely with Jabil, our customers, and our suppliers to enable a seamless transition as Intel shifts its focus to silicon photonics components for existing markets and emerging applications,” said Safroadu Yeboah-Amankwah, Senior Vice President and Chief Strategy Officer of Intel Corporation.

“Our Design-to-Dust™ capabilities continue to resonate with customers and we are investing in the areas of data center infrastructure services, liquid cooling, and silicon photonics to help our customers solve their challenges. Jabil is extremely well positioned to support customers as they incorporate innovative technologies into their data centers to navigate the increasing requirements around power and cooling being driven by artificial intelligence,” concluded Crowley.

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 and depth of end-market experience, technical and design capabilities, manufacturing know-how, supply chain insights, and global product management expertise. Driven by a common purpose, Jabil and its people are committed to making a positive impact on their local community and the environment. Visit to learn more.

EN
30/10/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Jabil Inc.

Jabil Inc: 1 director

A director at Jabil Inc sold 15,000 shares at 246.907USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...

Moody's Ratings assigns Baa3 rating to Jabil Inc.'s proposed senior un...

Moody's Ratings (Moody's) assigned Baa3 ratings to Jabil Inc.'s (Jabil) $900-$1,000 million proposed senior unsecured notes, which will be comprised of 2029 and 2033 maturities. The net proceeds from the proposed offerings will be used for general corporate purposes including repaying $500 million o...

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Jabil Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 4 June 2025 in which we reassessed the appropriateness of the ratings in the context of the rele...

 PRESS RELEASE

Jabil Posts Second Quarter Results

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Today, Jabil Inc. (NYSE: JBL), reported preliminary, unaudited financial results for its second quarter of fiscal year 2025. Second Quarter of Fiscal Year 2025 Highlights: Net revenue: $6.7 billion U.S. GAAP operating income: $245 million U.S. GAAP diluted earnings per share: $1.06 Core operating income (Non-GAAP): $334 million Core diluted earnings per share (Non-GAAP): $1.94 “I am very pleased with our strong year-to-date results, which underscore the resilience and strength of our diversified portfolio. In Q2, we exceeded our expectations...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch