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Celestica
Sole-source whitebox ODM for hyperscaler 800G/1.6T AI switches; FY25 $12.2B, FY26 ~$16B
HQ CA
Recent Business Signals
Jun 1, 2026
customer_win
Celestica was awarded a hyperscaler program to design and manufacture a 1.6 Terabit CPO Ethernet switch (HPS Program) for AI scale-out networks, with production ramp expected in 2027.
source: funding-research
Jun 1, 2026
product_launch
Celestica announced a $1 billion capital expenditure plan for 2026 to fund new capacity for AI infrastructure, financed entirely through operating cash flow.
source: funding-research
May 13, 2026
product_launch
Celestica provided an update on new operational facilities in Fort Worth, Texas to support capacity expansion.
source: funding-research
Apr 29, 2026
product_launch
On April 29, 2026, Celestica announced that its DS6000-Series 1.6TbE Switches are now available to order, targeting AI-scale networking.
source: funding-research
Apr 29, 2026
product_launch
Celestica announced its DS6000-Series 1.6TbE switches are available to order, supporting AI-scale networking with co-packaged optics.
source: funding-research
Apr 29, 2026
product_launch
Celestica announced availability of DS6000-Series 1.6TbE Switches for order to accelerate AI-scale networking.
source: funding-research
Apr 29, 2026
product_launch
Celestica made its DS6000-Series 1.6TbE Ethernet Switches available to order.
source: funding-research
Apr 29, 2026
product_launch
Celestica's DS6000-Series 1.6TbE Switches became available to order, accelerating AI-scale networking.
source: funding-research
Apr 27, 2026
funding
Celestica amended and upsized its credit facility to $2.5 billion, with the revolving credit portion increased to $1.75 billion.
source: funding-research
Apr 27, 2026
funding
On April 27, 2026, Celestica amended and upsized its senior secured credit facility to approximately $2.5 billion, raising its revolver from $750 million to $1.75 billion and refinancing into a new $250 million Term A loan, with maturity ex…
source: funding-research
Apr 27, 2026
funding
Celestica amended its senior secured credit agreement to $2.5 billion, increasing the revolver from $750M to $1.75 billion and adding a new $250M Term A loan, with maturity extended to April 2031.
source: funding-research
Apr 27, 2026
funding
Celestica amended and upsized its credit facility to $2.5 billion, increasing its revolver to $1.75 billion and refinancing a term loan to $250 million.
source: funding-research
Funding & valuation history
Apr 27, 2026 · funding-research
Celestica amended and upsized its credit facility to $2.5 billion, increasing its revolver to $1.75 billion and refinancing a term loan to $250 million.
Apr 27, 2026 · funding-research
Celestica amended its senior secured credit agreement to $2.5 billion, increasing the revolver from $750M to $1.75 billion and adding a new $250M Term A loan, with maturity extended to April 2031.
Apr 27, 2026 · funding-research
Celestica amended and upsized its credit facility to $2.5 billion, with the revolving credit portion increased to $1.75 billion.
Apr 27, 2026 · funding-research
On April 27, 2026, Celestica amended and upsized its senior secured credit facility to approximately $2.5 billion, raising its revolver from $750 million to $1.75 billion and refinancing into a new $250 million Term A loan, with maturity extended to April 2031.
Strategic Position
What they do best
Manufacturing sole-source whitebox 800G/1.6T Ethernet switches at hyperscale volume, evidenced by FY2025 revenue scaling to $12.2B from $9.65B (signal 436ae9ad).
Their bet
That hyperscalers keep buying private-label ODM AI scale-out fabric over branded gear, underpinning the ~$16B FY2026 outlook and the Tomahawk 6 / 1.6T roadmap (signals 9b208cef, e0c88073).
Top risk
Concentrated sole-source hyperscaler programs; one anchor customer dual-sourcing or pushing out 800G orders would visibly miss the $16B FY2026 trajectory in 2026 earnings.
Forward view
Derived from public capacity & product announcements — not a company-authored roadmap.
product launch · Jun 1, 2026
Celestica announced a $1 billion capital expenditure plan for 2026 to fund new capacity for AI infrastructure, financed entirely through operating cash flow.
product launch · May 13, 2026
Celestica provided an update on new operational facilities in Fort Worth, Texas to support capacity expansion.
product launch · Apr 29, 2026
On April 29, 2026, Celestica announced that its DS6000-Series 1.6TbE Switches are now available to order, targeting AI-scale networking.
product launch · Apr 29, 2026
Celestica announced its DS6000-Series 1.6TbE switches are available to order, supporting AI-scale networking with co-packaged optics.
product launch · Apr 29, 2026
Celestica announced availability of DS6000-Series 1.6TbE Switches for order to accelerate AI-scale networking.
product launch · Apr 29, 2026
Celestica made its DS6000-Series 1.6TbE Ethernet Switches available to order.
Compared to peers
Direct competitor
Arista Networks
Arista sells branded EOS-software switches at premium margins; Celestica is the low-margin sole-source whitebox ODM building under hyperscaler private label.
Substitute
Cisco
Cisco offers vertically integrated Silicon One branded boxes; a hyperscaler shift back to branded gear would erode Celestica's whitebox build volume.
Why someone would join
- 1.Revenue is scaling fast: FY2025 ~$12.2B vs $9.65B in 2024 (signal 436ae9ad) with a ~$16B FY2026 outlook (signal 9b208cef) — ~31% growth, so hardware work ships at hyperscale volume.
- 2.Active build-out: 3 switch-hardware roles in 60 days incl. director-level 'Hardware Engineering Manager, AI Networking Platforms' (2026-04-09) and staff co-packaged optics (2026-05-06), executing the Broadcom Tomahawk 6 102.4 Tbps program (signal e0c88073).
Recent Hiring (60 days)
- optical interconnect1
- co-packaged optics1