Celestica: The AI Switch Bet Unfolds

  • Celestica's share price has doubled, outperforming the S&P 500, driven by AI-driven CapEx and hyperscale data center demand. Strong product portfolio targets $29 billion AI switching market by FY29, with 42% YoY EBITDA growth validating bullish projections. ES1500 switch launch boosts AI-edge and IoT opportunities, offering 2.5x faster port speeds than its predecessor ES1000.