AI Infrastructure Demand Fuels Strong Earnings & Analyst Upgrades for Micron, Celestica

The AI infrastructure boom continues to drive significant market activity, with key players reporting strong results and receiving bullish analyst coverage:

• Micron Technology (MU): Shares jumped 2% after a massive Q4 beat-and-raise, projecting Q1 FY27 revenue of $60.0-$63.0 billion and EPS of $37.15-$39.15. Unprecedented demand for High Bandwidth Memory (HBM) modules in AI data centers is cited as the primary driver 🔗.
• Celestica (CLS): Bernstein named Celestica its top pick in networking and communications equipment, setting a $520 price target (46% upside). The firm sees consensus understating revenue opportunities from Google TPU, OpenAI Jalapeno, and AMD Helios programs, estimating $25 billion in incremental revenue through 2027-2028 🔗.
• Alphabet (GOOGL): Rose 2% after unveiling Gemini 4 Argon, its next-generation flagship AI model, signaling accelerated deployment across Google Cloud and enterprise AI workflows 🔗.
• Constellation Energy (CEG): Climbed 3% on a major long-term agreement with Amazon to expand the Calvert Cliffs Clean Energy Center, adding 190 MW of emissions-free nuclear capacity to power AWS data centers 🔗.