🔴 Celestica is trading 6% down amid AI-infrastructure and chip-stock weakness

Celestica is trading 6.05% down at $222.11 on November 5, with the decline appearing tied to pressure on AI-infrastructure and chip stocks.

• Shares fell 9.05% on November 4, extending the pullback.
• Reuters reported concerns that increased scrutiny of data-center construction could slow industry growth, while semiconductor shares weakened after Qualcomm’s disappointing handset outlook.
• No fresh company-specific negative announcement surfaced; Celestica’s recent third-quarter results and outlook were strong.