UK stocks rise; Softcat lifts profit outlook on AI demand

Corroborated by 3 sources from 3 publishers

globalbusiness1d ago

TL;DR

Reports differ across sources; according to finance.yahoo.com, may 22 (Reuters) - British IT firm Softcat on Friday raised its annual profit forecast on strong corporate demand for AI infrastructure and as customers rush orders to evade shortages in global memory chips.

Sources