• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    Flex Announces Liquid-Cooled Rack and Power Solutions for AI Data Centers at 2024 OCP Global Summit

    10/14/24 10:36:00 AM ET
    $FLEX
    Electrical Products
    Technology
    Get the next $FLEX alert in real time by email

    New Flex solutions enable cloud service providers to address power, heat, and scale challenges in the AI era

    News summary

    • Flex launches new compute, rack, and intermediate bus converter products for AI data centers
    • Flex and JetCool® partner for direct-to-chip liquid cooling
    • Flex's ORv3-compatible rack integrated with single-phase liquid cooling, enabled for two-phase liquid cooling

    SAN JOSE, Calif., Oct. 14, 2024 /PRNewswire/ -- OCP Global Summit -- Flex (NASDAQ:FLEX) today announced new reference platforms for liquid-cooled servers, rack, and power products that will enable customers to sustainably accelerate data center growth. These innovations build on Flex's ability to address technical challenges associated with power, heat generation, and scale to support artificial intelligence (AI) and high-performance computing (HPC) workloads.

    "Flex delivers integrated data center IT and power infrastructure solutions that address the growing power and compute demands in the AI era," said Michael Hartung, president and chief commercial officer, Flex. "We are expanding our unique portfolio of advanced manufacturing capabilities, innovative products, and lifecycle services, enabling customers to deploy IT and power infrastructure at scale and drive AI data center expansion."

    Flex is highlighting these new capabilities this week for the data center community during the OCP Global Summit in San Jose, California. Attendees may visit booth A11 for demonstrations.

    Liquid-cooled servers and racks for AI workloads

    Flex announced customizable, open standard-based, compute reference designs integrating JetCool's SmartPlate™ direct-to-chip liquid cooling solution. JetCool's patented microconvective cooling® technology extends the value of single-phase, direct-to-chip liquid cooling deployments because it cools over 1,500W per socket, more than enough headroom to accommodate the most advanced AI servers. JetCool and Flex separately announced a partnership to deliver liquid-cooled solutions at scale.

    The Flex platform design is based on a next-generation modular compute platform supporting the Host Processor Module (HPM) customized to meet the unique requirements of different AI and HPC applications. This modular compute platform includes a new HPM that supports up to two Intel® Xeon® 6900 series with P-cores, the latest generation of data center processors from Intel.  The platform also integrates the Flex Secure Control Module (SCM) 2.0, which is the next generation of the Flex SCM that delivers server management, security, and control functions in a common form factor. The platform complies with the OCP DC-MHS 2.0 and OCP DC-SCM 2.0 specifications and is deployable in racks compliant with the Open Rack V3 (ORv3) specification.

    The Flex Open Rack V3 solution is both compatible with ORv3 specification and customizable to support 21" and 19" footprints for IT equipment, accommodating any rack configuration including liquid cooling. Flex is currently in volume production with leading hyperscalers delivering customized, ORv3-based rack designs at scale. Flex also manufactures ORv3-compliant power shelves, power supplies, and busbars as standalone products or as part of a vertically integrated solution.

    New power modules expand offering

    Flex Power Modules launched new Intermediate Bus Converters (IBC) designed to meet the needs of data centers powering AI, machine learning, and cloud applications. The new products expand the breadth of Flex Power Modules offerings for digital, non-isolated, unregulated IBCs.

    Data center manufacturing capabilities, products, and services at scale

    Flex delivers advanced manufacturing, data center IT and power infrastructure solutions from the grid to the chip, and product lifecycle services to address industry-wide challenges with power, heat, and scale. The company's cloud-focused manufacturing services span the value chain to support the mass deployment of vertically integrated data center racks from sourcing of materials and private-label components to the design, manufacturing, fulfillment and sustainable maintenance of servers, storage, racks, cabling, switches, bus bars, power shelves, and battery back-up, coupled with liquid cooling technologies. Flex power products enable data center operators to more efficiently manage power through innovative critical power infrastructure, such as switchgear and power distribution units, and embedded power at the server- and rack-levels, such as power modules and power shelves.

    About Flex

    Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.

    Flex Contacts

    Investors & Analysts

    David A. Rubin

    Vice President, Investor Relations

    (408) 577-4632

    [email protected]

    Media & Press

    Michelle Kershner

    Director, Commercial Integrated Marketing and Communications

    (602) 421-6407

    [email protected]

    Flex Logo

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/flex-announces-liquid-cooled-rack-and-power-solutions-for-ai-data-centers-at-2024-ocp-global-summit-302275268.html

    SOURCE Flex

    Get the next $FLEX alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $FLEX

    DatePrice TargetRatingAnalyst
    2/11/2025$52.00Buy
    Stifel
    10/22/2024$41.00Overweight
    KeyBanc Capital Markets
    7/25/2024$39.00Hold → Buy
    Craig Hallum
    5/2/2024$27.00Buy → Hold
    Craig Hallum
    9/7/2023$35.00Overweight
    Barclays
    7/5/2023$30.00Overweight
    JP Morgan
    8/17/2022$24.00Outperform
    Credit Suisse
    5/18/2022$22.00Hold → Buy
    Argus
    More analyst ratings

    $FLEX
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Stifel resumed coverage on Flex with a new price target

    Stifel resumed coverage of Flex with a rating of Buy and set a new price target of $52.00

    2/11/25 7:05:05 AM ET
    $FLEX
    Electrical Products
    Technology

    KeyBanc Capital Markets initiated coverage on Flex with a new price target

    KeyBanc Capital Markets initiated coverage of Flex with a rating of Overweight and set a new price target of $41.00

    10/22/24 6:15:50 AM ET
    $FLEX
    Electrical Products
    Technology

    Flex upgraded by Craig Hallum with a new price target

    Craig Hallum upgraded Flex from Hold to Buy and set a new price target of $39.00

    7/25/24 7:25:18 AM ET
    $FLEX
    Electrical Products
    Technology

    $FLEX
    SEC Filings

    View All

    Flex Ltd. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - FLEX LTD. (0000866374) (Filer)

    9/4/25 4:17:55 PM ET
    $FLEX
    Electrical Products
    Technology

    SEC Form 424B7 filed by Flex Ltd.

    424B7 - FLEX LTD. (0000866374) (Filer)

    9/4/25 4:16:19 PM ET
    $FLEX
    Electrical Products
    Technology

    Flex Ltd. filed SEC Form 8-K: Unregistered Sales of Equity Securities, Financial Statements and Exhibits

    8-K - FLEX LTD. (0000866374) (Filer)

    8/18/25 4:15:47 PM ET
    $FLEX
    Electrical Products
    Technology

    $FLEX
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    $FLEX
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Flex sites in Brazil and Mexico Recognized as Manufacturing Leaders by the Association for Manufacturing Excellence

    AUSTIN, Texas, Oct. 21, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced that its sites in Manaus, Brazil, and our plastics operations in Guadalajara, Mexico, each received an Excellence Award from the Association for Manufacturing Excellence (AME), demonstrating global leadership in continuous improvement and operational excellence. These recognitions bring the total number of Flex sites honored by AME to six, with previous awards granted to Flex in Tczew, Poland; Jaguariúna, Brazil; Pelabuhan Tanjung Pelepas (PTP), Malaysia; and Zhuhai, China. To receive this award, facilities must demonstrate best-in-class manufacturing performance through a comprehensive plant profile submission,

    10/21/25 8:00:00 AM ET
    $FLEX
    Electrical Products
    Technology

    Flex Announces Date for Second Quarter Fiscal 2026 Earnings Call

    AUSTIN, Texas, Oct. 13, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its second quarter fiscal 2026 financial results before the market opens on Wednesday, October 29, 2025. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website following the conclusion of the event. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve

    10/13/25 4:05:00 PM ET
    $FLEX
    Electrical Products
    Technology

    Flex announces new AI infrastructure platform to speed deployment by up to 30%

    News Summary Flex launches the first globally manufactured data center platform integrating power, cooling, compute, and services into modular designs.Breakthrough products debut to tackle rising power, heat, and scale challenges.Backed by Flex's vertically integrated capabilities and global footprint, the platform is designed for next-generation gigawatt data centers and enables operators to accelerate deployment by up to 30%.SAN JOSE, Calif., Oct. 13, 2025 /PRNewswire/ -- OCP Global Summit — Flex (NASDAQ:FLEX) today announced the industry's first globally manufactured, fully integrated platform designed for gigawatt data centers supporting AI and HPC. By uniting power, cooling, compute, an

    10/13/25 9:05:00 AM ET
    $FLEX
    Electrical Products
    Technology

    Director Tan Lay Koon was granted 206 units of Ordinary Shares, increasing direct ownership by 0.10% to 208,441 units (SEC Form 4)

    4 - FLEX LTD. (0000866374) (Issuer)

    10/17/25 8:53:19 PM ET
    $FLEX
    Electrical Products
    Technology

    Director Hurlston Michael E. was granted 353 units of Ordinary Shares, increasing direct ownership by 0.45% to 78,561 units (SEC Form 4)

    4 - FLEX LTD. (0000866374) (Issuer)

    10/17/25 8:52:19 PM ET
    $FLEX
    Electrical Products
    Technology

    Chief Commercial Officer Hartung Michael P sold $2,571,470 worth of Ordinary Shares (45,000 units at $57.14), decreasing direct ownership by 15% to 256,198 units (SEC Form 4)

    4 - FLEX LTD. (0000866374) (Issuer)

    9/17/25 8:47:04 PM ET
    $FLEX
    Electrical Products
    Technology

    $FLEX
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by Flex Ltd.

    SC 13G/A - FLEX LTD. (0000866374) (Subject)

    11/13/24 9:28:02 PM ET
    $FLEX
    Electrical Products
    Technology

    Amendment: SEC Form SC 13G/A filed by Flex Ltd.

    SC 13G/A - FLEX LTD. (0000866374) (Subject)

    11/8/24 3:53:33 PM ET
    $FLEX
    Electrical Products
    Technology

    Amendment: SEC Form SC 13G/A filed by Flex Ltd.

    SC 13G/A - FLEX LTD. (0000866374) (Subject)

    11/8/24 1:47:33 PM ET
    $FLEX
    Electrical Products
    Technology

    $FLEX
    Financials

    Live finance-specific insights

    View All

    Flex Announces Date for Second Quarter Fiscal 2026 Earnings Call

    AUSTIN, Texas, Oct. 13, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its second quarter fiscal 2026 financial results before the market opens on Wednesday, October 29, 2025. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website following the conclusion of the event. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve

    10/13/25 4:05:00 PM ET
    $FLEX
    Electrical Products
    Technology

    FLEX REPORTS FIRST QUARTER FISCAL 2026 RESULTS

    AUSTIN, Texas, July 24, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) today announced results for its first quarter ended June 27, 2025. First Quarter Fiscal Year 2026 Highlights: Net Sales: $6.6 billionGAAP Operating Income: $311 millionAdjusted Operating Income: $395 millionGAAP Net Income: $192 millionAdjusted Net Income: $274 millionGAAP Earnings Per Share: $0.50Adjusted Earnings Per Share: $0.72An explanation and reconciliation of non-GAAP financial measures to GAAP financial measures is presented in Schedules II and V attached to this press release. "Our first quarter results are a great start to FY26 and a testament to the strength of our strategic focus on high-growth end-markets like data

    7/24/25 8:05:00 AM ET
    $FLEX
    Electrical Products
    Technology

    Flex Announces Date for First Quarter Fiscal 2026 Earnings Call

    AUSTIN, Texas, July 9, 2025 /PRNewswire/ -- Flex (NASDAQ:FLEX) will announce its first quarter fiscal 2026 financial results before the market opens on Thursday, July 24, 2025. The company will hold a conference call to discuss the results on the same day at 7:30 AM (CT) / 8:30 AM (ET). The live webcast presentation will be available on the Flex Investor Relations (IR) website located at investors.flex.com. The webcast replay, along with supporting materials, will be available on the IR website following the conclusion of the event. About Flex Ltd. Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the w

    7/9/25 9:03:00 PM ET
    $FLEX
    Electrical Products
    Technology

    $FLEX
    Leadership Updates

    Live Leadership Updates

    View All

    Lumentum Appoints New Board Member

    Paul Lundstrom Brings Wealth of Knowledge in Finance, Manufacturing, and Business Transformation Lumentum Holdings Inc. ("Lumentum"), a market-leading designer and manufacturer of innovative optical and photonic products for cloud, networking and industrial applications, today announced the appointment of Paul Lundstrom to the company's Board of Directors, effective immediately. This election expands the membership to nine members, eight of whom are independent. "I am excited to welcome Paul to the Lumentum Board," said Penelope Herscher, Chair of Lumentum's Board of Directors. "He brings a wealth of knowledge and expertise in corporate finance, manufacturing and business transformation

    12/12/24 4:32:00 PM ET
    $FLEX
    $LITE
    $NXT
    Electrical Products
    Technology
    Telecommunications Equipment
    Telecommunications

    Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600

    NEW YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE:ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions. Azenta's market capitalization is no longer representative of the mid-cap market space.Concentra Group Holdings Inc. (NYSE:CON) will replace Myers Industries Inc. (NYSE:MYE) in the S&P SmallCap 600 effective prior to the openin

    11/19/24 5:56:00 PM ET
    $AZTA
    $CON
    $ENV
    Industrial Machinery/Components
    Technology
    Medical Specialities
    Health Care

    Flex to Acquire Crown Technical Systems

    Leader in custom-engineered, fully integrated power distribution and protection systemsExtensive modular solutions and medium voltage switchgear capabilities are synergistic to the Flex data center power portfolioExtends Flex's presence into the growing utility power market and supports further growth in the U.S. data center power marketAUSTIN, Texas, Oct. 17, 2024 /PRNewswire/ -- Flex (NASDAQ:FLEX) announced today that it has entered into a definitive agreement to acquire Crown Technical Systems, a leader in fully integrated power distribution and protection systems, for $325 million in an all-cash transaction. The transaction is expected to be accretive in the first year after closure. Cro

    10/17/24 9:05:00 AM ET
    $FLEX
    Electrical Products
    Technology