Flex Pitches AI Data Center Spin-Off as Power and Cooling Growth Accelerates
· finance.yahoo.com
Flex (NASDAQ:FLEX) executives used a J.P. Morgan fireside chat to outline the rationale for the company’s latest planned spin-off, describe the growth expectations for the business being separated and frame the remaining Flex as a large, diversified manufacturing and services platform. Revathi Adva
Advaithi said the new company, referred to during the discussion as SpinCo, will be positioned as an industrial company with a focus on data center thermal arch...