Former major shareholder Paul Meeks is upbeat again on Flex, citing artificial intelligence and rising demand for data centre power. The company plans to spin off its Axiom AI infrastructure business in 2027.
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01Summary
- 01Paul Meeks says he was one of Flex's biggest shareholders in the 1990s and is bullish on the stock again.
- 02Flex plans to spin off Axiom, its AI infrastructure business, in 2027.
- 03Meeks sees upside because demand for data centre power is growing.
- 04The story does not give a share price, valuation or timing beyond the planned 2027 spin-off.
02Why it matters
The piece highlights how artificial intelligence is changing the outlook for a long-established tech stock. It may matter to readers following companies linked to data centres and AI infrastructure.
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