Flex Plans to Spin Off Data Center Power and Cooling Segment Amid Rapid Growth
Flex is planning to spin off its Compute & Peripherals Infrastructure (CPI) segment into a standalone company focused on data center power, cooling, and electrical infrastructure. The move aims to support the CPI business's rapid growth—projected at 65-75% in fiscal 2027 and over 80% in 2028—and allow it to operate with a more tailored capital structure.
Topics: AI infrastructure capital structure data centers growth strategy