On September 25, Flex Ltd rose 6.63% in regular trading, trading at $119.85 per share, with turnover of approximately $56.64 million. The rally was driven by the company's continued progress in spinning off its Cloud and Power Infrastructure business into a standalone publicly traded entity named Axiom Solutions International, Inc.

Flex has formally submitted a Form 10 registration statement to the U.S. Securities and Exchange Commission, marking a critical milestone in the separation process. The planned spinoff, targeting completion in Q1 of the next fiscal year, is widely viewed by market participants as a potential catalyst to unlock the embedded value of the high-growth infrastructure segment.

Adding further momentum, Flex announced earlier in September a $4.4 billion acquisition of EPC Power, a power conversion specialist with over 15 gigawatts of deployed capacity across 62 countries and projected annual revenue of $800 million. EPC Power is expected to be integrated into the Cloud and Power Infrastructure segment upon deal closure, significantly bolstering Flex's competitive positioning in AI data center and grid application markets.

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