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SAN JOSE, Calif. - Flex (NASDAQ:FLEX), a prominent $21.2 billion player in the Electronic Equipment industry with robust annual revenues of $26 billion, unveiled a new globally manufactured data center platform that integrates power, cooling, compute, and services into modular designs, according to a press release statement issued Monday. According to InvestingPro analysis, the company maintains a GOOD financial health score, positioning it well for major infrastructure initiatives.
The platform, designed for gigawatt data centers supporting AI and high-performance computing, aims to enable operators to deploy infrastructure up to 30% faster than traditional methods. The announcement was made during the OCP Global Summit. With the stock trading near its 52-week high of $60.05, InvestingPro subscribers can access 12 additional key insights about Flex’s market position and growth potential.
The integrated solution includes several new products, including 1MW racks supporting +/-400V power architectures, a UL 1973-certified capacitor energy storage system, and a modular rack-level coolant distribution unit delivering up to 1.8 MW of capacity.
Flex is also offering prefabricated power pods and skids that the company claims can reduce deployment time from over 12 months to between 6-12 months through offsite assembly and reduced onsite labor requirements.
"As AI adoption accelerates, data center operators must overcome rising power, heat, and scale challenges to deploy infrastructure at unprecedented speed," said Michael Hartung, president and chief commercial officer at Flex, in the press release.
The platform leverages Flex’s global manufacturing and supply chain network to support the full lifecycle of AI infrastructure, from design through deployment and fulfillment.
Flex describes the platform as having an open architecture that is partner-friendly and adaptable to customer-preferred OEMs, with built-in monitoring and predictive analytics capabilities.
In other recent news, Flex Ltd. unveiled its Modular Rack-Level Cooling Distribution Unit, developed by its subsidiary JetCool, to cater to the increasing computational demands in data centers. This new system offers scalable cooling capacity ranging from 600 kilowatts to 1.8 megawatts, allowing operators to adjust cooling needs for artificial intelligence and high-performance computing. Additionally, Flex Ltd. filed a prospectus supplement with the SEC to provide a legal opinion related to its shares. In a separate development, Flex has entered into a five-year warrant agreement with Amazon, which analysts at Raymond James interpret as a positive sign of their commercial relationship.
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