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Celestica Boosts Revenue Guidance Again as AI Demand Booms

Celestica Boosts Revenue Guidance Again as AI Demand Booms

Bloomberg3 days ago
Celestica Inc. raised its full-year revenue forecast for the third time in a row as demand grows for its cloud-computing segment.
The Toronto-based firm, which manufactures components such as microchips for artificial intelligence hardware, now expects its revenue to reach nearly $11.6 billion in 2025. The $700 million boost is Celestica's biggest quarterly guidance upgrade since it introduced its $10.4 billion revenue outlook for 2025 in October.
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