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Celestica posts strong Q2 with AI switch revenue growth and margin gains, backed by $1B capex plan.

Company Fundamentals
06 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Celestica Inc. reported a robust Q2 CY26, driven by accelerating revenues from AI networking switches and notable gross margin expansion. The company is investing $1 billion in capital expenditures and securing raw materials to meet growing demand from hyperscaler customers, aiming for sustained growth and margin resilience. A recent $3 billion equity offering, though dilutive in the short term, strategically funds this expansion. The strong performance and strategic investments position Celestica for continued high growth, making its current valuation an attractive buying opportunity.

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