In this article

CLS-CA

Follow your favorite stocks CREATE FREE ACCOUNT

Celestica CEO Rob Mionis explained how his company designs and manufactures infrastructure that enables artificial intelligence in a Tuesday interview with CNBC's Jim Cramer .

"If AI is a speeding freight train, we're laying the tracks ahead of the freight train," Mionis said.

He pushed back against the notion that the AI boom is a bubble, saying that the technology has gone from a "nice to have" to a "must have."

Celestica reported earnings Monday after close, managing to beat estimates and raise its full-year outlook. The stock hit a 52-week high during Tuesday's session and closed up more than 8%. Celestica has had a huge run over the past several months, and shares are currently up 253.68% year-t

See Full Page