12 Must-See AI News and Ratings You Might Have Missed

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6. Celestica Inc. (NYSE:CLS)

Number of Hedge Fund Holders: 40 

Celestica Inc. (NYSE:CLS) offers a range of product manufacturing and related supply chain services. On January 30, Barclays raised the firm’s price target on the stock to $139 from $91 and kept an “Overweight” rating. The rating has been issued following quarterly results. According to the firm, investors are valuing Celestica based on 2026 projected earnings, driven by the demand for specialized chips called ASICs which remain a medium-term trend. In particular, 2026 captures the run rate revenue of the TPUv6, Google’s latest generation AI accelerator. The firm further noted that Meta Platforms aims to launch a new ASIC program that could compete with the TPU program in terms of expertise and capability.

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