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Third Point Management took a position in Flex (FLEX), stating that its CPI business spin-off has exponential growth potential in the AI data center sector.
svmuu.com04/08/2026 08:24
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The New York investment advisor said in its Q2 2026 investor letter that Flex plans to spin off its Cloud and Power Infrastructure (CPI) business into a separate publicly traded company. Third Point believes the market undervalues the quality, growth prospects, and strategic positioning of this business. The CPI business designs and manufactures power systems, liquid cooling products, and integrated server racks for AI data center deployments, and Third Point believes Flex holds a unique position in this value chain.
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