Flex deploys liquid cooling solution at Equinix facility

AUSTIN, Texas - Flex (NASDAQ:FLEX), a prominent player in the Electronic Equipment industry with a market capitalization of $22.75 billion, has deployed a rack-level liquid cooling solution at the Equinix Co-Innovation Facility in Ashburn, Virginia, the manufacturing company announced Wednesday. According to InvestingPro data, Flex shares have surged over 60% year-to-date, reflecting strong investor confidence in the company’s strategic initiatives.

The installation demonstrates both standalone and facility-integrated single-phase direct liquid cooling capabilities in a single Open Compute Project ORv3 rack. The system incorporates technology from JetCool, a Flex company specializing in liquid cooling solutions.

The deployment features JetCool’s self-contained SmartPlate System for Dell PowerEdge R760 servers, which reportedly reduces total IT power consumption by 15 percent. It also includes direct liquid cooling capabilities for Dell PowerEdge R660 systems equipped with JetCool cold plates.

According to the company’s press release, JetCool’s direct liquid cooling solutions can operate with coolant inlet temperatures up to 70°C, potentially reducing water usage by up to 90 percent and cooling power consumption by as much as 50 percent compared to other liquid cooling technologies.

"We are proud to bring Flex’s high-performance, energy-efficient liquid cooling solutions into data center facilities such as the Equinix CIF," said Rob Campbell, president of the Communications, Enterprise, and Cloud Business at Flex.

The installation also includes a SmartSense 6U Liquid-to-Liquid CDU capable of supporting high-density environments by cooling up to 300kW.

Pawel Wlodarczak, Innovation Director at Equinix, stated that the facility "provides a collaborative environment where emerging infrastructure technologies can be tested and refined for real-world, high-density compute environments."

Flex manufactures the entire system, including the rack, cooling solution, and power products. The demonstration will be available for viewing at the Equinix facility with live performance metrics displayed.With annual revenue of $26.33 billion and operating with a moderate debt level, Flex continues to innovate despite facing challenges with gross profit margins of just 9.14%. InvestingPro analysis reveals that management has been aggressively buying back shares, potentially signaling confidence in the company’s future prospects. Investors can access Flex’s comprehensive Pro Research Report, along with data on 1,400+ other top stocks, through the InvestingPro platform.

In other recent news, Flex Ltd. reported its second-quarter earnings for fiscal year 2026, surpassing analyst expectations. The company achieved an adjusted earnings per share of $0.79, exceeding the forecast of $0.75. Additionally, Flex reported revenue of $6.8 billion, surpassing the expected $6.68 billion. Despite these positive results, there was a negative market reaction initially, although shares later recovered. In related developments, KeyBanc Capital Markets raised its price target for Flextronics from $70.00 to $75.00, maintaining an Overweight rating on the stock. This adjustment reflects optimism about the company’s growth in the data center sector. These recent developments highlight significant financial performance and analyst perspectives on Flex Ltd.

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