🟢 FLEX is trading 5% up today on expanded AI manufacturing partnership with Cerebras Systems

FLEX is trading about 5% up today at $142.44 after announcing an expanded AI manufacturing partnership with Cerebras Systems to scale AI supercomputer production.

• The deal highlights Flex’s growing role in advanced U.S. manufacturing for AI accelerators, tapping into strong sector demand and investor enthusiasm for AI infrastructure.
• This company-specific catalyst appears to be the primary driver of today’s sharp move, significantly outperforming the modestly positive broader market backdrop.