Celestica Ups Revenue Outlook Again Amid AI Infrastructure Surge
What Happened
Celestica, a global electronics manufacturing company, announced a second straight upgrade to its revenue guidance. The revision is driven by robust demand for AI infrastructure, as technology giants accelerate investments in advanced artificial intelligence systems. Celestica attributes its strong performance to serving key clients developing AI data centers and server hardware, positioning itself as a major beneficiary of the ongoing AI boom. The announcement reflects significant growth momentum and marks another positive financial outlook from the Toronto-based firm.
Why It Matters
The upward guidance highlights the expanding market for AI infrastructure, with Celestica’s suppliers racing to keep pace with next-generation hardware needs. This trend signals broader industry shifts as cloud and tech enterprises rapidly scale up AI capabilities, increasing business for manufacturing partners. Read more in our AI News Hub