AI Spending Is Poised to Hit $700 Billion in 2026: 2 Top Stocks to Buy to Capitalize on This Massive Number [Yahoo! Finance Canada]
Celestica, Inc. (CLS)
Last celestica, inc. earnings: 4/29 07:00 am
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Source: Yahoo! Finance Canada
Hyperscalers are pouring in free cash flow – and even taking on debt – to build massive AI data centres. The top five hyperscalers have committed US$700 billion in capital expenditure (capex) on AI infrastructure in 2026 alone. That's double the amount spent in 2025. So, where is all this money going? AI spending is poised to hit $700 billion The hyperscalers' AI spending is revenue for chip, energy, and networking equipment companies, and construction firms building data centres. The money trail is visible in their revenue growth, profits, and share price rallies. For investors, the golden rule is simple: follow the capital flow. 2 top stocks to buy to capitalize on this massive number Micron Technology AI data centres require several chips, from graphics processing units (GPUs) to memory chips, and networking switches that connect all parts for seamless computing speed. The triple-digit revenue growth AI spending triggered for Nvidia in 2023 and 2024 is now replicating for Micro
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News
- Celestica: This Dip Is A Massive Opportunity [Seeking Alpha]Seeking Alpha
- Celestica (CLS) Dips More Than Broader Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- 2 Canadian AI Stocks Poised for Significant Gains [Yahoo! Finance Canada]Yahoo! Finance Canada
- CIBC Maintains Outperformer on Celestica (CLS) Amid AI Growth [Yahoo! Finance]Yahoo! Finance
- 2 Millionaire-Maker Technology Stocks [Yahoo! Finance Canada]Yahoo! Finance Canada
CLS
Earnings
- 1/28/26 - Beat
CLS
Sec Filings
- 3/24/26 - Form 8-K
- 3/23/26 - Form 144
- 2/27/26 - Form 10-K
- CLS's page on the SEC website