Celestica (CLS) Poised to Benefit from AI Infrastructure Expansion

about 1 month ago

SPEAKER_04

"With all this talk of like the NVIDIA, Intel, Voltron going on in AI right now, it had me thinking about a, well, a lot of people probably haven't heard of it. It's called Celestica. Ticker is CLS. This is an electronic manufacturing services company... But with the AI infrastructure data center boom that's going on right now, it has this company basically working around the clock to assemble components and server racks for a couple of hyperscaler clients that have taken up like 40% of their revenue. ... I think this party could go on for a lot longer."

Celestica (CLS), historically a low-profile electronic manufacturing services firm, is now potentially benefiting from increased demand in AI infrastructure. As hyperscalers ramp up their data center build-outs, Celestica stands to gain increased revenues from assembling components and server racks. Although the Nvidia-Intel deal may not directly impact CLS, the overall AI trend could revalue the company.

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