Hidden Beneficiary of AI Data Centers Sees Market Cap Surge by 2.8 Trillion Won in One Day

FLEX Ltd. (Nasdaq: FLEX) closed at $66.50, up 7.88%, pushing its market capitalization to roughly $24.4 billion (about ₩33 trillion). In a single session, the company added approximately $2.1 billion (₩2.8 trillion) in value, with trading volume exceeding 2.28 million shares as investor demand surged.

In its fiscal 2026 third-quarter report released on February 4, FLEX posted revenue of $7.1 billion and adjusted earnings per share of $0.87, both surpassing its own guidance. The company also achieved a record-high quarterly operating margin.

Simultaneously, FLEX raised its full-year fiscal 2026 outlook, now expecting revenue between $27.2 billion and $27.5 billion and adjusted EPS of $3.21 to $3.27. The upgraded guidance reflects the company’s confidence in continued growth driven by strong AI infrastructure demand.

Headquartered in both Singapore and the United States, FLEX—formerly known as Flextronics—is a leading global electronics contract manufacturer. Over the years, it has shifted its focus toward higher-value segments, including data centers, telecommunications and automotive.

Today, FLEX leverages a manufacturing and supply network spanning 30 countries to supply power and cooling solutions for AI data centers as well as a broad range of IT infrastructure equipment. This strategic positioning has made it a prominent hardware beneficiary of the ongoing AI investment cycle.