How has Broadcom Inc. (NASDAQ:AVGO) impacted Celestica's (NYSE:CLS) stock price?

Celestica's stock price has surged to a new 52-week high of $257.4 per share, a 16% jump, as optimism around Broadcom's stellar earnings and a $10 billion custom chip supply deal with OpenAI has spilled over to the company.

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Celestica Soars to New Heights on Broadcom's Coattails

Q: What is Celestica's (NYSE:CLS) latest financial performance?

Celestica Inc. (NYSE:CLS) reported a 122% jump in net income for the second quarter of 2025, reaching $211 million, up from $95 million in the same period last year. Revenues also grew by 21% to $2.89 billion, up from $2.39 billion a year earlier.

Q: What is Celestica's (NYSE:CLS) revenue growth outlook for 2025?

Buoyed by its strong financial results, Celestica has raised its revenue growth outlook for the full year 2025 to $11.55 billion, up from the previous expectation of $10.85 billion.

6 Sep

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Summary

Celestica hits new all-time high, up 16% on Friday
Broadcom's $10B deal with OpenAI boosts Celestica's revenue outlook
Celestica's Q2 net income jumps 122% year-over-year

Celestica Soars to New Heights on Broadcom's Coattails

On September 6th, 2025, Celestica Inc. (NYSE:CLS) has reached new heights, soaring to a 52-week high of $257.4 per share, a 16% jump, before closing the day up 9.64% at $242.68. This surge in Celestica's stock price comes on the heels of optimism surrounding semiconductor giant Broadcom Inc. (NASDAQ:AVGO).

Broadcom recently reported stellar earnings and announced a $10 billion custom chip supply deal with OpenAI. Investors are highly optimistic that this new deal will significantly benefit Celestica, as the company has been a longtime manufacturing and supply chain partner of Broadcom.

In its latest financial results, Celestica reported a 122% jump in net income for the second quarter of 2025, reaching $211 million, up from $95 million in the same period last year. Revenues also grew by 21% to $2.89 billion, up from $2.39 billion a year earlier. Buoyed by these strong results, Celestica has raised its revenue growth outlook for the full year 2025 to $11.55 billion, up from the previous expectation of $10.85 billion.

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