Celestica's stock surged over 8% on Friday, May 29, 2026. No specific company announcement triggered the move. Investors renewed their focus on the company's AI data-center infrastructure business.
The positive momentum stems from Celestica's strong position in the AI networking sector. The company recently launched 1.6TbE data center switches designed for AI and machine learning.
Celestica previously raised its full-year adjusted EPS guidance for 2026. This updated outlook followed the company's first-quarter financial report.