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Jabil, TD Synnex likely to offer up ‘beat-and-raise’ due to AI demand, UBS says (JBL:NYSE)

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Jabil, TD Synnex likely to offer up ‘beat-and-raise’ due to AI demand, UBS says (JBL:NYSE)
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Jonathan Kitchen

Jabil (JBL) and TD Synnex (SNX) are likely to offer up “beat-and-raise” quarters due to artificial intelligence demand, UBS said.

“Channel checks covering PCs, server/storage and networking along with positive commentary from OEMs indicate upside to our ‘Endpoint’ billings forecast of $9.3B (+5.8%) and ‘Advanced’ billings (ex-Hyve) of $12.0B (+17.0%) for the May



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