Jabil Inc Q3 2023 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: David Vogt - UBS Investment Bank, Research Division - Analyst : I just want to go back to the AI automation conversation. I know you're probably going to provide a lot of color on this in September, and I know it's early days. But when you think about sort of the end markets and your customer base, obviously, there's going to be some technological shifts in what's happening, whether it's in sort of the data center or the networking stack. How does that work with you and your customers in terms of you potentially winning new types of businesses for new technological sort of changes effectively? And generally, what are the lead times in terms of from concept discussion to deployment? And then I have a follow up on margins, which I can maybe just roll in here as well. So it sounds like near term, the opportunity is for your own efficiency gains from automation going forward in fiscal '24 from AI potentially. Is that fair? Is that a fair way to think about the business next year?

Question: David Vogt - UBS Investment Bank, Research Division - Analyst : That's helpful. Maybe can I just ask a quick follow-up along those lines. Do you -- I know it's early days. Do you get the sense that maybe some customers would reprioritize spending and road maps from maybe some existing sort of products and the road maps to really take advantage or jump on this sort of new, sort of large long-term secular driver in AI? What I mean by that assuming some of the legacy -- get deemphasized.

Question: David Vogt - UBS Investment Bank, Research Division - Analyst : Got it. So it sounds like it's additive. That's helpful.