Celestica (CLS) is trading higher on April 24, 2026 after a fresh AI-infrastructure catalyst hit the tape this week: Bell and Celestica announced a collaboration to advance Canadian sovereign AI infrastructure on April 22, 2026. The announcement reinforces the market narrative that Celestica is benefiting from accelerating AI data-center buildouts and related networking/compute infrastructure demand. �citeturn1search0turn1search2

The Bell collaboration is being read as incremental validation of Celestica’s positioning in AI-oriented data center infrastructure—an area that has been a key driver of the company’s growth and margin expansion narrative. With governments and enterprises increasingly focused on “sovereign” compute and data residency, investors are treating partnerships tied to domestic AI capacity as a potential multi-year demand tailwind for suppliers of AI infrastructure hardware and integration. �citeturn1search0

Celestica’s next major near-term catalyst is earnings: the company is expected to report Q1 2026 results after the close on Monday, April 27, 2026. With the stock already elevated, traders are likely weighing whether management commentary on AI-driven demand and customer ramps can support another leg higher, or whether expectations are now too aggressive into the print. �citeturn1search8

Celestica has already framed 2026 as a year of strengthening AI-related demand, pointing in its Q4/FY 2025 results to expectations for roughly $17.0 billion in 2026 revenue and adjusted EPS of $8.75. That backdrop helps explain why incremental AI-infrastructure news can still move the shares meaningfully—especially into an earnings event where guidance and backlog commentary can reset near-term expectations. �citeturn0search1