Stock Track | Celestica Soars 5.19% Intraday on AI Server Business Expansion Expectations

Stock Track06-02 00:59

Celestica's stock price surged 5.19% during Monday's intraday trading session, significantly outperforming the broader Electronic Manufacturing Services (EMS) sector.

The sharp rise is attributed to intensifying market expectations for the company's expansion in the AI server business. According to industry information, Celestica is upgrading its business model from pure Electronics Manufacturing Services (EMS) to a Joint Design Manufacturing (JDM) model for its Google TPU server business, introducing proprietary design technologies in critical areas like thermal management and power supply.

Furthermore, the company is actively pursuing Amazon Web Services (AWS) server projects, aiming to participate as a second supplier in annual quota bidding and secure next-generation product design opportunities. Against the backdrop of sustained heavy investment in AI infrastructure, the company's clear business upgrade pathway has received positive market pricing.

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