Celestica stays strong despite selloff linked to Broadcom's weak AI chip outlook

Celestica Inc. has faced a recent stock selloff following Broadcom's weaker-than-expected AI semiconductor revenue forecast. Despite this, Celestica remains fundamentally strong, supported by growing demand for Google's TPU hardware and the upcoming launch of AMD's Helios rack-scale system. The company is also expanding its 1.6T switching wins, including CPO Ethernet programs, which highlight its technological strength and promising long-term growth prospects in AI server and networking markets.