Google Reportedly Shifts Some TPU Assembly From Celestica (TSX:CLS)

Google is shifting a portion of its tensor processing unit (TPU) server assembly work from manufacturing partner Celestica to other suppliers, according to recent reports. The move, reported on January 24, 2026, introduces uncertainty regarding Celestica's future share in this key AI infrastructure program. Celestica remains a significant manufacturer of AI data center hardware. The core investor question is how much hyperscaler demand, including from Google, the company can retain and capture going forward amid this supply chain diversification.