Prediction: This AI Infrastructure Stock Will Go Parabolic After Sept. 30 (Hint: It’s Not Micron)
The booming demand for AI servers will supercharge Jabil's growth.
Overview
Micron Technology is a key player in the global artificial intelligence (AI) infrastructure ecosystem, which explains why the market will be eagerly awaiting the company's fiscal 2026 fourth-quarter results on Sept. 30.
Micron's results and guidance will give investors insight into the state of the AI infrastructure build-out. After all, the company's memory chips play a critical role in AI by transporting massive amounts of data rapidly in data centers and chip clusters. It won't be surprising to see Micron stock take off following its upcoming report, especially given the incredible demand for memory chips and tight supply.
Details
However, there is another AI infrastructure stock poised to report results this month. Jabil (NYSE:JBL) is a manufacturing services provider that designs, engineers, and builds products for its customers. It serves multiple industries, such as healthcare, automotive, aerospace, and data centers.
Source
Originally published at www.fool.com.