Celestica Inc. is trading 5.3% down today at $402.71 as AI hardware stocks face a sell-off following Broadcom’s latest guidance.
- The decline extends a sharp three-day pullback from late-May highs, reflecting cooling sentiment and profit-taking across the AI infrastructure sector.
- Broader pressure on the Nasdaq and semiconductor stocks reinforces a sector-wide risk-off tone rather than any new, stock-specific negative developments for the company.