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Celestica Stock: Why Alphabet Looking Elsewhere Is Actually A Good Thing

Source: SeekingAlpha

2026-01-22 14:37:01 ET

Celestica Inc. ( CLS ) shares have had an outstanding 12-month run as AI demand has sent operating results higher, but the stock is dropping in Thursday trading after a report that Alphabet ( GOOG ) (GOOGL), aka Google, could expand some of its tensor processing unit, or TPU, business to other suppliers. While this is a scary headline, I think this will be a short-term hiccup of which investors could benefit from taking advantage....

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Celestica Stock: Why Alphabet Looking Elsewhere Is Actually A Good Thing
Celestica Inc.

NASDAQ: CLS

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