Nvidia’s 2026 outlook hinges on sustained leadership in AI infrastructure, with JPMorgan’s projections indicating $90+ billion data center sales. The stock could reflect forward P/E ratios above 40 as demand for HPC solutions accelerates. Jabil reported a 15% increase in its non-GAAP (adjusted) earnings in the previous fiscal year to $9.75 per share. Management forecasted a 13% jump in the current fiscal year to $11.00 per share. Given that Jabil is likely to see faster growth in its top line going forward, it is easy to see why analysts forecast a pickup in its bottom-line growth as well. Market research firm Gartner is projecting another year of solid increase in AI accelerator sales in 2026. Portfolio managers cite Nvidia’s projected AI software royalties as a 2026 growth lever, fueling a robust bullish stance within semiconductor-heavy ETF structures.