Flex Announces Intention to Spin Off its Cloud and Power Infrastructure Segment into a New Independent Publicly Traded Company

Flex to spin off AI data-center infrastructure unit into listed company

NEW ⁠YORK, May 5 (Reuters) - Contract manufacturer Flex on Tuesday ⁠outlined plans for a strategic break-up to ‌monetize its exposure to artificial intelligence, saying it would spin off its cloud and power infrastructure business into a separate ​publicly traded company by early 2027.

Flex Announces Intention to Spin Off its Cloud and Power Infrastructure Segment into a New Independent Publicly Traded Company

Spin-off will create two companies with distinct growth strategies that are poised to drive significant customer and shareholder value

Flex Ltd. Stock Explodes 32% on Record Earnings, Guidance Raise and Cloud Spin-Off Plan

NEW YORK — Flex Ltd. (NASDAQ: FLEX) shares skyrocketed more than 32% in early trading Wednesday, surging to $127.45 after the global manufacturing and technology solutions provider reported record fourth-quarter and fiscal 2026 results, significantly raised its full-year outlook, and announced plans to spin off its high-growth Cloud and Power Infrastructure segment into a new independent publicly traded company.

Flex AI Data Center Spin-Off: Why Shares Jumped Before the Bell

Flex will spin off its Cloud and Power Infrastructure unit as a separate public company, with CEO Revathi Advaithi set to lead the new entity, SpinCo. Flex shares jumped 28.4% premarket to $123.84 after reporting Q4 net sales of $7.5 billion, up 17%. SpinCo will target AI data center infrastructure, aiming for 65%-75% revenue growth in fiscal 2027. Key financial details and regulatory approvals remain undisclosed. The post Flex AI Data Center Sp…

Flex to spin off cloud and power infrastructure business

US electronics manufacturer Flex will split into two independent publicly traded companies, separating its fast-growing cloud and power infrastructure segment from its core contract manufacturing operations. The transaction is targeted to close in the first quarter of 2027.