Celestica Raises 2027 Revenue Guidance to $40 Billion Amid AI Infrastructure Demand
Celestica (CLS) has significantly raised its 2027 annual revenue guidance to $40 billion, driven by accelerating demand for artificial intelligence infrastructure. The enterprise hardware manufacturer is preparing for massive scale by increasing capital expenditures to between $1.5 billion and $2 billion in 2027 to expand production capacity across Texas, Thailand, and Mexico. The company's growth strategy focuses on two primary technological shifts: the transition from 800G to 1.6T networking equipment in data centers and the rising demand for custom AI chip platforms (ASICs). Celestica is currently supporting major programs including Google’s Tensor Processing Unit (TPU) platform and OpenAI’s Jalapeño architecture, positioning itself as a critical partner for hyperscale cloud providers.
Topics: Artificial Intelligence Infrastructure Data Center Demand Networking Hardware Revenue Guidance