Ingram Micro at Goldman Sachs conference: AI fuels growth, margin push

Ingram Micro highlighted the growing impact of artificial intelligence (AI) on its business during the Goldman Sachs Communacopia + Technology Conference 2026. CFO Mike Zilis emphasized the strong demand for AI infrastructure and cloud services, despite facing challenges such as moderating price increases and supply constraints.

He also noted that Ingram Micro's proprietary Xvantage platform, which automates work and speeds decisions, is transitioning from a cost-cutting tool to a source of margin improvement. AI-related GPU and infrastructure sales more than doubled year over year in the second quarter, becoming a major growth driver. The company's gross profit dollars increased by 12% year over year, while revenue rose 12.5% in the quarter.

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