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Flex to Spin Off Cloud and AI Data Center Infrastructure Into Separate Public Company
Flex CEO Revathi Advaithi said the electronics manufacturer will separate its cloud and power infrastructure division into a new publicly traded entity. Advaithi told CNBC's Squawk Box that the timing makes a lot of sense for the move. The segment featuring her comments aired four hours before a related post on May 7, 2026.
May 6, 10:38 AM·1m read1 source
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Flex is planning to spin off its cloud and AI data center infrastructure into a separate company. Flex CEO Revathi Advaithi discussed plans to spin off its cloud and power infrastructure division into a new publicly traded company during an appearance on CNBC's Squawk Box. Advaithi stated that the timing makes a lot of sense for spinning off cloud and power units.
The segment featuring Flex CEO Revathi Advaithi aired four hours before the source post on 2026-05-07. @SquawkCNBC reported the interview in which Advaithi outlined the decision to create an independent publicly traded business from the cloud and power infrastructure assets.
Advaithi joined the program to explain the strategic rationale behind separating the high-growth cloud and AI data center operations from the parent company's core electronics manufacturing business. The CEO's comments come as demand for AI-related infrastructure continues to accelerate, though Flex provided no specific timeline for the transaction or terms of the separation.
The electronics manufacturer has not disclosed further financial details or the expected name of the new entity.
Advaithi's appearance marked the first public confirmation of the spin-off plan from company leadership.
