Flex Ltd. (FLEX) News

Flex's strategic move to spin off its Cloud and Power Infrastructure (CPI) segment into a standalone company highlights a generational shift in AI data center investments. With a multiyear Google contract driving projected CPI growth of up to 75% in FY27, this transition aims to unlock value for shareholders while positioning the remaining Flex business to focus on high-margin regulated markets.

Flex Ltd. (FLEX) delivered an exceptional third quarter for fiscal year 2026, exceeding its own guidance across all key financial metrics. Propelled by explosive demand in its data center business and a strategic shift toward higher-value products, the global manufacturing giant reported record adjusted earnings per share (EPS) of $0.87, representing a 13% year-over-year increase.