JohnnyYoung
07-23

$Invesco QQQ(QQQ)$ After seeing $Alphabet(GOOG)$ 's commentary on the TPU ramp in its Q2'26 earnings, it's worth keeping $Celestica(CLS)$ 's involvement in mind.

Rob Mionis, CEO (1/29/26): "proud of our decade-long partnership with Google... Celestica remains closely aligned with Google on the development of complex data center hardware and systems. As a preferred manufacturing partner for Google's Tensor Processing Unit... Celestica is committed to making long-term investments in both capacity and capabilities.... These investments are designed to support the scaling of production for current and future generations of Google's custom silicon TPU systems... We have a joint commitment to each other moving forward"

Rob Mionis, CEO on TPUs and more complex data center interconnect (4/28/26): "As the architecture becomes more critical... what's becoming more evident is that systems levels, manufacturing, design is becoming more important for these customers, especially in liquid cooling, advanced rack scale infrastructure, thermal management"

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