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

Rhea-AI Summary

Jabil Inc. has announced that it will take over the manufacture and sale of Intel's Silicon Photonics-based pluggable optical transceiver product lines and develop future generations of such modules. This deal strengthens Jabil's position and capabilities in the data center industry, allowing them to cater to the needs of customers in hyperscale, next-wave clouds, and AI cloud data centers. Jabil's photonics business unit offers complete photonics capabilities, including component design, system assembly, and streamlined supply chain management.

Transaction Strengthens Jabil’s Position and Capabilities in the Data Center Industry

ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- Jabil Inc. (NYSE: JBL), a global leader in design, manufacturing, and supply chain solutions, today announced it will take over the manufacture and sale of Intel’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 photonics 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 www.jabil.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231030394043/en/

Media Contact

Timur Aydin

Director, Corporate Content and Media

publicrelations@jabil.com



Investor Contact

Adam Berry

Vice President, Investor Relations

Adam_berry@jabil.com

Source: Jabil, Inc.

FAQ

What is the deal between Jabil Inc. and Intel about?

Jabil Inc. will take over the manufacture and sale of Intel's Silicon Photonics-based pluggable optical transceiver product lines and develop future generations of such modules.

What are the benefits of this deal for Jabil Inc.?

This deal strengthens Jabil's position and capabilities in the data center industry, allowing them to cater to the needs of customers in hyperscale, next-wave clouds, and AI cloud data centers.

What capabilities does Jabil's photonics business unit offer?

Jabil's photonics business unit offers complete photonics capabilities, including component design, system assembly, and streamlined supply chain management.

What is Jabil's focus on in terms of data center infrastructure services?

Jabil is investing in the areas of data center infrastructure services, liquid cooling, and silicon photonics to help customers solve their challenges.

What are Jabil's goals in supporting customers with innovative technologies?

Jabil aims to support customers as they incorporate innovative technologies into their data centers to navigate the increasing requirements around power and cooling driven by artificial intelligence.