Celestica CEO explains the company's role in the AI boom

Core Insights - Celestica's CEO Rob Mionis emphasized the company's role in supporting the AI infrastructure, stating that the technology has transitioned from a "nice to have" to a "must have" [1] - The company reported earnings that exceeded estimates and raised its full-year outlook, resulting in a stock increase of over 8% and a year-to-date rise of 253.68% [1] Business Strategy - Celestica has shifted its focus from commodity markets to design and manufacturing, a decision that Mionis claims has significantly benefited the company [2] - The emphasis on design and manufacturing allows Celestica to execute consistently at scale [2] Data Center Operations - The company specializes in high-speed networking and storage systems for hyperscalers and digital native companies [3] - Celestica has a strategic partnership with semiconductor maker Broadcom, utilizing Broadcom's silicon in many of its designs [3] Product Development - When Broadcom launches new silicon products, such as the Tomahawk 6 with 1.6 terabytes, Celestica collaborates to develop products that are supplied to major hyperscalers [4]