
Celestica raises revenue outlook again as AI demand surges
Celestica Inc., a major electronics manufacturer, raised its 2025 revenue forecast for the third time this year, driven by soaring demand for AI-related cloud infrastructure. The company’s Cloud and Advanced Technology Solutions segment continues to grow as hyperscalers and AI firms expand capacity. Its shares climbed nearly 7% following the announcement, reflecting market confidence in Celestica’s AI positioning. The firm expects full-year sales to reach between $8.15 billion and $8.4 billion, up from an earlier $8.1 billion upper range.
More evidence that infrastructure providers are emerging as standout AI winners amid the industry’s rapid growth.