Yazılar

Jabil Raises 2025 Profit and Revenue Forecast Amid Data Center Demand

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Jabil (JBL.N) has raised its 2025 profit and revenue forecast, driven by strong demand for data center infrastructure amid the surge in artificial intelligence (AI) adoption. The electronic component maker surpassed Wall Street expectations for its second-quarter earnings, leading to a 6.5% rise in premarket trading on Thursday.

The AI boom has increased demand for data centers, benefiting Jabil and fueling growth in its semiconductor fabrication and test equipment business.

For the second quarter ending February 28, Jabil reported:

  • Adjusted earnings per share (EPS): $1.94, exceeding analysts’ estimate of $1.83 (LSEG data).

  • Quarterly revenue: $6.73 billion, above the forecasted $6.41 billion.

Following these strong results, Jabil updated its full-year projections:

  • Adjusted profit forecast: $8.95 per share, up from the previous $8.75.

  • Revenue forecast: $27.9 billion, revised from $27.3 billion.

Based in St. Petersburg, Florida, Jabil continues to capitalize on AI-driven growth and expanding data center investments, reinforcing its market position in high-tech manufacturing.

Netherlands to Expand Export Controls on Semiconductor Equipment

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The Dutch government has announced an expansion of its export controls on advanced semiconductor equipment, effective from April 1. The new measures, which build on restrictions first introduced in 2023 under U.S. pressure, will require companies to seek export licenses for a narrow set of technologies. These include equipment used for measuring and inspecting semiconductor wafers, which play a critical role in the chipmaking process.

Despite the expansion of export controls, Dutch chip equipment company ASML has stated that the new regulations are not expected to affect its business. ASML maintained that the updated rules, which were outlined in the Netherlands’ state legal newspaper, align with previous guidance it issued in December. This guidance followed new restrictions announced by the U.S. government targeting semiconductor exports to China.

The Dutch trade ministry highlighted that such rule adjustments may occur periodically due to ongoing technical developments in the semiconductor industry.

 

Shares of Key Chip Suppliers Jump as U.S. Considers Milder China Sanctions

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Shares of global semiconductor equipment suppliers surged on Thursday following reports that the U.S. is revising its proposed sanctions on China’s chip industry, potentially implementing less restrictive measures than previously planned.

ASML, a Dutch semiconductor equipment manufacturer, saw its shares rise by approximately 4.3% in early trading in Europe. Similarly, Japan’s Tokyo Electron saw a more than 6% increase in its share price.

According to a Bloomberg report, the U.S. government is contemplating new restrictions on the sale of semiconductor equipment and AI memory chips to China, but these measures are expected to be less severe than earlier proposals.

The U.S. Commerce Department’s Bureau of Industry and Security did not provide an immediate comment regarding the Bloomberg article.

One significant shift in the proposed measures is the decision not to add certain Chinese companies to the U.S. export blacklist, known as the Entity List. Among the companies not affected is ChangXin Memory Technologies, a Chinese memory manufacturer that competes with major global players like SK Hynix and Samsung.

For ASML, analysts at Jefferies noted that the company had previously forecast a 30% revenue decline from China next year due to restrictions. However, the exclusion of ChangXin from the export blacklist could result in a smaller-than-expected decline in ASML’s Chinese sales for 2024.