On June 2, Celestica rose 5.05% in pre-market trading, trading at 447.6 USD/share, with trading volume of $3.535 million.
On the news front, market expectations for Celestica's business expansion in the AI server space continue to intensify. Specifically, in its Google TPU server business, the company is upgrading from a pure contract manufacturing (EMS) model to a higher value-added joint design manufacturing (JDM) model, while introducing exclusive design technology in key areas such as thermal management and power supply. Additionally, the company is actively pursuing Amazon Web Services (AWS) server projects, planning to participate in annual quota bidding as a second supplier.
Against the backdrop of sustained high capital expenditure in AI infrastructure, the company's clear business upgrade pathway has received positive market pricing, driving the stock to outperform peers. Within the Electronic Manufacturing Services sector, Flex Ltd rose 0.81%, Fabrinet rose 2.77%, Jabil Circuit rose 0.85%, TTM Technologies rose 2.08%, and TE Connectivity fell 0.55%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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