On May 29, Celestica rose 5.41% in regular trading, trading at $374.59/share, with trading volume of $139 million. The rally was driven by growing market expectations around the company's expanding role in the AI server infrastructure space.

On the news front, recent industry expert discussions have highlighted Celestica's deepening collaboration with major hyperscaler clients in TPU server manufacturing. The company has evolved from a pure EMS (Electronics Manufacturing Services) provider into a JDM (Joint Design Manufacturing) partner, introducing proprietary thermal and power solutions. The company is also actively pursuing AWS server project allocations through annual bidding processes and is in discussions regarding OpenAI server projects, signaling a broadening customer base in AI infrastructure.

Against the backdrop of sustained high capital expenditure in AI infrastructure, Celestica's clear business upgrade trajectory from assembly to integrated design-and-manufacture has received positive market pricing. Within the Electronic Manufacturing Services sector, peers showed broad strength, with Flex Ltd up 4.66%, TE Connectivity up 1.43%, and Jabil Circuit up 1.35%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)