Celestica’s 0.68% Rally on $1.19B Volume Driven by AI Infrastructure Demand Propels It to 72nd Market Activity Rank

, , , ranking it 72nd in market activity. The stock's recent performance is driven by surging demand in its Connectivity & Cloud Solutions (CCS) segment, . This segment has benefited from hyperscaler investments in AI infrastructure, particularly in networking switches and optical programs, .

Second-quarter results highlighted robust growth, , . , reflecting strong demand in hardware platform solutions and enterprise markets. Management anticipates sustained growth in the communications sector, driven by hyperscaler data center expansion, and expects meaningful contributions from next-generation AI/ML compute programs starting in Q3 2025.

While tariffs pose a near-term challenge, the company plans to recover most costs from clients, mitigating margin pressure. , including Think Investments LP and , have increased stakes in CLS, signaling confidence in its long-term prospects. Analysts have maintained a "Buy" consensus, , reflecting optimism about AI-driven secular trends.

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