AI Data Center Beneficiaries Plummet... 3.3 Trillion Won Vanished in a Day

Canadian electronics manufacturing services provider Celestica Inc. (CLS) closed trading on the New York Stock Exchange at $388.74, down 5.27%. Its market capitalization stood at approximately $44.6 billion (about ₩65.9 trillion), erasing roughly $2.2 billion (about ₩3.3 trillion) in one day, with trading volume near 1.68 million shares. (global.ibk.co.kr)

In its first-quarter earnings report on the 27th, the company posted net income of $212.3 million and adjusted EPS of $2.16, exceeding the market expectation of $2.08. Revenue totaled $4.05 billion (about ₩6.0 trillion), slightly beating consensus estimates. (ctpost.com) Just last week, the stock hit a 52-week high after TD Securities raised its price target. (defenseworld.net)

Headquartered in Toronto, Celestica is a global electronics manufacturing services (EMS) company that designs and produces key IT hardware—including servers, communications equipment, aerospace and defense systems, and industrial and healthcare products. (en.wikipedia.org) Recently, in response to rising demand for AI and cloud data center infrastructure, it has made large-scale facility investments in the U.S., Thailand, Mexico and other regions, aggressively expanding its network and server platform business for hyperscale customers. (corporate.celestica.com)