By CMC Markets
Publication Date: 2026-01-27 00:00:00
Will the artificial intelligence (AI) party continue until 2026?
With AI hyperscaler companies like Alphabet (GOOGL), Meta (META), and Microsoft (MSFT) expected to spend a record $527 billion on AI over the course of the year, it might seem like the party has just begun.
Now, however, it’s not just the model builders and hyperscalers who are celebrating, but all the companies involved in the development, manufacture and operation of the data center infrastructure that is at the heart of AI model training. From utilities to connectivity companies to memory chip makers, this ecosystem of pick and shovel companies is benefiting from an unprecedented wave of demand, and investors are taking note.
The case of Celestica (CLS) highlights both the benefits and pitfalls facing technology manufacturers in this golden age of AI investment.
Founded in 1994, the Toronto-based company has evolved from low-margin electronics manufacturing services (EMS) to…
