On June 2, Celestica rose 5.03% overnight, trading at $448.0 per share, with trading volume of $8.35 million. The move was driven by intensifying market expectations for the company's business expansion in the AI server space.

Specifically, Celestica is upgrading its role in Google TPU server operations from a pure electronics manufacturing services (EMS) model to a higher-value joint design manufacturing (JDM) model, incorporating proprietary design technology in critical areas such as thermal management and power systems. Simultaneously, the company is actively pursuing Amazon Web Services (AWS) server projects, planning to participate in annual quota bidding as a second supplier. The company aims to advance full-integration shipments to expand its sales scale.

Against the backdrop of sustained heavy investment in AI infrastructure, Celestica's clearly defined business upgrade trajectory has received positive market pricing, driving the stock to outperform peers in the Electronic Manufacturing Services sector, where Flex Ltd gained 0.04%, Fabrinet rose 0.9%, Jabil Circuit added 1.05%, TTM Technologies climbed 1.37%, and TE Connectivity fell 0.55%.

(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.)