Industry First "Silicon to Solutions" Manufacturing Approach Paves Way for Scalability of Current and Next Generation Photonic Integrated Circuits (PICs) SANTA CLARA, Calif. , March 20, 2024 /PRNewswire/ -- To streamline and facilitate a back-end manufacturing ecosystem for PICs, OpenLight, the world leader in custom PASIC chip design and manufacturing, today announced a strategic partnership w...
Major U.S. equities indexes fell on the final day of the trading week as a monthly survey by the University of Michigan showed consumer expectations for inflation edged higher in February.
Jabil Inc. (JBL) shares were down nearly 17% in afternoon trading Friday after the electronic technology firm's second-quarter fiscal 2024 sales and current-quarter guidance missed estimates as it faced difficult economic conditions.
Jabil Inc. NYSE: JBL stock price is down 10% in early trading, extending a decline that began before the Q2 release and may fall further. However, the decline is due more to market mechanics than the results or outlook, setting this market up to resume its trend soon.
Contract electronics manufacturer Jabil reported a big GAAP profit and a smaller core profit on Friday. Q2 earnings exceeded expectations, but guidance was light.
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