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Investing.com48d agoneutral
Broadcom rises 3% on OpenAI custom "Jalapeño" chip reveal

Investing.com -- Broadcom (NASDAQ:AVGO) shares jumped 3.4% Wednesday morning following the unveiling of "Jalapeño," a custom AI chip developed in partnership with OpenAI. Billed as OpenAI’s first "Intelligence Processor," the custom accelerator was designed specifically for large language model (LLM) inference and moved from design to production in just nine months. The chip marks OpenAI’s official expansion into proprietary hardware as part of its full-stack infrastructure strategy. Built from

Is Celestica (TSX:CLS) Quietly Becoming a Core AI Infrastructure Enabler Through EMS Depth?
Simply Wall St.49d agoneutral
Is Celestica (TSX:CLS) Quietly Becoming a Core AI Infrastructure Enabler Through EMS Depth?

Celestica recently reported that demand in its Connectivity & Cloud Solutions segment has been strong, driven by increased orders for AI infrastructure products from cloud and data center customers. This momentum highlights Celestica’s position alongside peers Jabil and Sanmina as key electronics manufacturing services providers supporting the build-out of global AI and cloud infrastructure. Next, we’ll look at how this AI-fueled strength in Connectivity & Cloud Solutions may influence...

Is Celestica Inc. (CLS) A Good Stock To Buy Now?
Insider Monkey59d agobullish
Is Celestica Inc. (CLS) A Good Stock To Buy Now?

Is CLS a good stock to buy? We came across a bullish thesis on Celestica Inc. on r/ValueInvesting by Wooden_Fondant_703. In this article, we will summarize the bulls’ thesis on CLS. Celestica Inc.’s share was trading at $386.50 as of June 8th. CLS’s trailing and forward P/E were 45.06 and 36.76 respectively according to Yahoo Finance. Celestica […]

Celestica Expands U.S. Footprint With Fort Worth AI Data Center Hub
Simply Wall St.60d agoneutral
Celestica Expands U.S. Footprint With Fort Worth AI Data Center Hub

Celestica (TSX:CLS) plans to build a new manufacturing campus in Fort Worth, Texas. The facility is intended to support demand for next generation data center infrastructure and advanced technology solutions. The project is expected to create about 1,700 skilled jobs and expand the company’s U.S. manufacturing footprint. Celestica focuses on design, manufacturing, and supply chain solutions for technology and industrial customers, and the new Fort Worth campus extends that model deeper into...

Celestica (CLS) to Establish New Manufacturing Campus in Fort Worth, Texas
Insider Monkey61d agoneutral
Celestica (CLS) to Establish New Manufacturing Campus in Fort Worth, Texas

Celestica Inc. (NYSE:CLS) is one of the best Canadian stocks to invest in according to billionaires. On May 13, Celestica announced plans to establish a major new operational campus in AllianceTexas, located in Fort Worth, Texas. This expansion is designed to scale the company’s manufacturing footprint to meet the surging global demand for next-generation data […]