Flex Announces U.S. Manufacturing Collaboration with AMD to Accelerate Domestic AI Infrastructure

Rhea-AI Summary

Flex (NASDAQ: FLEX) announced a U.S. manufacturing collaboration with AMD to produce AMD Instinct MI355X 8x GPU platforms at Flex's Austin, Texas facility. Volume ramp is expected next quarter, and Flex will scale to support future generations of AMD Instinct platforms.

The Austin site spans 1.4 million square feet, and Flex's U.S. footprint exceeds 7 million square feet across 17 facilities, highlighting capacity to support large-scale AI infrastructure manufacturing.

Positive

• U.S. production live: AMD Instinct MI355X platforms now manufactured at Flex Austin
• Near-term ramp: Volume ramp expected next quarter for MI355X platforms
• Large capacity: Austin site 1.4 million sq ft; U.S. footprint >7 million sq ft across 17 facilities

Negative

• No financial terms disclosed for the collaboration or manufacturing volumes
• No explicit production-volume commitments or revenue guidance tied to the announcement

News Market Reaction – FLEX

+3.92%

1 alert

+3.92% News Effect

On the day this news was published, FLEX gained 3.92%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

GPUs per platform: 8 GPUs Austin HQ size: 1.4 million square feet U.S. footprint size: more than seven million square feet +1 more

4 metrics

GPUs per platform 8 GPUs AMD Instinct MI355X 8x GPU platform

Austin HQ size 1.4 million square feet Flex Austin, Texas headquarters facility

U.S. footprint size more than seven million square feet Flex total U.S. footprint across facilities

U.S. facilities count 17 facilities Flex U.S. manufacturing and operations sites

Market Reality Check

Price: $65.48 Vol: Volume 3,451,394 vs 20-da...

normal vol

$65.48 Last Close

Volume Volume 3,451,394 vs 20-day average 4,419,497 (relative volume 0.78x). normal

Technical Price $63.02 trades above 200-day MA $56.49 and is 12.74% below the 52-week high of $72.22.

Peers on Argus

Sector scanner shows 2 peers (e.g., CLS, TTMI) moving down (median move about -4...

2 Down

Sector scanner shows 2 peers (e.g., CLS, TTMI) moving down (median move about -4.8%), while FLEX was nearly flat at -0.3%. This points to broader sector pressure alongside company-specific AI collaboration news.

Previous Partnership,AI Reports

1 past event · Latest: Aug 08 (Positive)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Aug 08	AI data center partnership	Positive	+3.3%	Partnership to supply energy storage systems for AI data centers.

Pattern Detected

Prior AI-focused partnership news prompted a modestly positive price reaction.

Recent Company History

This announcement extends Flex’s role in AI infrastructure, building on earlier AI-focused partnerships. In August 2024, Flex’s collaboration with Musashi Energy Solutions to deploy capacitor-based energy storage for AI data centers was followed by a 3.31% one-day gain, indicating investor interest in AI-related initiatives. Since then, Flex has also reported growing sales and margins, and expanded its capital structure, underscoring a broader strategy of scaling critical infrastructure and capabilities that support high-performance and AI workloads.

Historical Comparison

+3.3% avg move · In the past, FLEX’s AI partnership news (e.g., Musashi collaboration) saw an average one-day move of...

partnership,AI

+3.3%

Average Historical Move partnership,AI

In the past, FLEX’s AI partnership news (e.g., Musashi collaboration) saw an average one-day move of 3.31%, providing a reference point for how markets have treated similar AI-infrastructure updates.

Flex’s AI strategy has evolved from power and energy solutions for AI data centers to U.S.-based manufacturing of high-density AMD Instinct GPU platforms, deepening its role in AI infrastructure.

Market Pulse Summary

This announcement highlights Flex’s expansion into U.S.-based manufacturing of AMD Instinct GPU plat...

Analysis

This announcement highlights Flex’s expansion into U.S.-based manufacturing of AMD Instinct GPU platforms, deepening its role in AI data center infrastructure. The Austin headquarters spans 1.4 million square feet and sits within a U.S. footprint of over seven million square feet across 17 facilities. Historically, AI partnerships have coincided with positive reactions, but investors may focus on execution timing, volume ramp next quarter, and overall sector conditions.

Key Terms

gpu, pcie gen 5, high-bandwidth memory, liquid-cooling, +2 more

6 terms

gpu technical

"manufacturing of AMD Instinct MI355X 8x GPU platform is now underway"

A GPU (graphics processing unit) is a specialized computer chip designed to handle many calculations at once, originally for rendering images and video but now widely used for tasks like artificial intelligence, data analysis and high-performance computing. Investors watch GPU demand and prices because strong sales often signal growth for chip makers and their customers, affect profit margins and capital spending, and can forecast wider trends in gaming, AI adoption and cloud services.

pcie gen 5 technical

"including PCIe® Gen 5 interfaces, high-bandwidth memory, and high-speed interconnect"

PCIe Gen 5 is the latest version of a common connection standard that lets computer parts—like processors, graphics cards and fast storage—talk to each other much faster than before. For investors it matters because higher data transfer speed is like widening a highway: it lets servers, data centers and advanced devices handle more traffic and newer workloads, which can boost demand for chips, systems and equipment from companies that build or use this technology.

high-bandwidth memory technical

"including PCIe® Gen 5 interfaces, high-bandwidth memory, and high-speed interconnect"

High-bandwidth memory is a type of computer memory designed to move large amounts of data very quickly between memory and processors, like adding many wide lanes to a highway so trucks can deliver more goods at once. For investors, it matters because products that use this memory can handle heavier workloads with lower power use, which can boost competitiveness, increase demand for certain chips, and influence manufacturers’ pricing power and profit margins.

liquid-cooling technical

"including using advanced liquid-cooling hardware from JetCool, a Flex company."

Liquid-cooling is a method of removing heat from electronic equipment, batteries or machinery by circulating a liquid (like water or a special coolant) that absorbs heat and carries it away, similar to how a car radiator keeps an engine from overheating. For investors, it matters because more effective cooling can improve performance, energy efficiency, reliability and lifetime of high‑value assets such as data centers, electric vehicles and industrial systems, which affects operating costs, maintenance needs and resale value.

data center technical

"help data center operators scale AI infrastructure."

A data center is a secure facility that houses large numbers of computers, storage devices and networking gear that run, store and move digital information for businesses and online services. Investors treat data centers like modern warehouses: their occupancy, energy efficiency, connectivity and long-term service contracts drive steady revenue and capital needs, so changes in demand or costs can directly affect profitability and growth prospects.

high-speed interconnect fabric technical

"high-bandwidth memory, and high-speed interconnect fabric — into a single"

A high-speed interconnect fabric is the network of ultra-fast links and switches that connect processors, memory, storage and servers so they can move large volumes of data to one another with very low delay. Investors watch it because it shapes how well computing systems scale, perform and use power—affecting competitiveness and costs for cloud services, AI, and high-performance computing; think of it as the highway system that determines how quickly and smoothly traffic flows between cities.

AI-generated analysis. Not financial advice.

Collaboration extends U.S.-based manufacturing starting with AMD Instinct MI355X GPU platforms, and scaling to future generations

News summary                                                                    

• U.S. manufacturing of AMD Instinct™ MI355X 8x GPU platform is now live at Flex's factory in Austin, Texas.
• Flex will scale with AMD to build future generations of AMD Instinct platforms in the U.S.
• Flex's advanced manufacturing capabilities, combined with AMD high-performance computing leadership, will help data center operators scale AI infrastructure.

AUSTIN, Texas, March 2, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced the expansion of its strategic collaboration with AMD to manufacture the AMD Instinct platform in the United States, marking a significant milestone in strengthening domestic production of advanced AI and high-performance technologies.

As part of the collaboration, manufacturing of AMD Instinct MI355X platform is now underway at Flex's headquarters in Austin, Texas, with volume ramp expected next quarter. The collaboration extends beyond the current generation; Flex will also support the next generation of AMD Instinct platforms to meet surging demand for large‑scale AI deployments across data centers.

Flex manufactures the complete AMD Instinct platform, assembling eight AMD Instinct GPUs along with surrounding components — including PCIe® Gen 5 interfaces, high-bandwidth memory, and high-speed interconnect fabric — into a single, high-density system design. Each platform undergoes rigorous factory testing and validation, including using advanced liquid-cooling hardware from JetCool, a Flex company.

"Partnering with AMD to manufacture AMD Instinct platforms in the U.S. marks an important milestone in advancing domestic AI infrastructure," said Rob Campbell, President of Communications, Enterprise and Cloud, Flex. "By combining Flex's advanced manufacturing capabilities, resilient supply chain, and U.S. footprint with AMD's leadership in high-performance computing, we're enabling customers to scale AI faster and with greater reliability."

"Expanding our U.S. manufacturing presence with Flex for AMD Instinct platforms is an important step in strengthening how we build and deliver for customers," said Keivan Keshvari, senior vice president, Global Operations & Quality, AMD. "By growing a resilient, agile, and diverse supply chain, we are better positioned to meet AI demand and deliver at scale."

Flex's Austin, Texas headquarters spans 1.4 million square feet and is designed to support complex, high-volume production with sustainable manufacturing practices. The site is part of Flex's expansive U.S. footprint, which encompasses more than seven million square feet across 17 facilities.

To learn more about Flex's end-to-end portfolio of data center infrastructure products and services, visit: https://flex.com/industries/data-center

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions.

Media contacts

Media & Press 
Christie Haber  
Director, Commercial Marketing  
(602) 245-1057  
press@flex.com  

Investors & Analysts
Michelle Simmons
Senior Vice President, Global Investor Relations and Public Relations
(669) 242-6332
Michelle.Simmons@flex.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/flex-announces-us-manufacturing-collaboration-with-amd-to-accelerate-domestic-ai-infrastructure-302700057.html

SOURCE Flex

FAQ

What did FLEX announce about U.S. manufacturing of AMD Instinct MI355X on March 2, 2026?

Flex announced U.S. manufacturing of the AMD Instinct MI355X 8x GPU platform is now live in Austin, Texas. According to the company, production began at its Austin facility and Flex will scale to produce future AMD Instinct generations.

When will FLEX ramp volume production of AMD Instinct MI355X platforms?

Volume ramp for MI355X platforms is expected next quarter, per the announcement. According to the company, initial manufacturing is live now with a planned scale-up to higher volumes in the coming quarter.

How does the FLEX and AMD collaboration affect FLEX's manufacturing footprint and capacity?

The collaboration leverages Flex's Austin headquarters and broader U.S. footprint to increase AI hardware capacity. According to the company, Austin spans 1.4 million square feet and Flex has over 7 million square feet across 17 U.S. facilities.

What components and testing does FLEX assemble for the AMD Instinct MI355X platform?

Flex assembles eight AMD Instinct GPUs plus PCIe Gen 5, high-bandwidth memory, and interconnect fabric into a single system. According to the company, each platform undergoes rigorous factory testing and validation, including advanced liquid-cooling hardware.

Will FLEX support future generations of AMD Instinct platforms beyond MI355X?

Yes, Flex will scale with AMD to build future generations of AMD Instinct platforms in the U.S. According to the company, the collaboration extends beyond the current generation to meet growing AI deployment demand.

Did FLEX disclose financial terms or production volumes for the AMD manufacturing collaboration?

No financial terms or specific production volumes were disclosed in the announcement. According to the company, the release highlights manufacturing start and expected ramp but does not provide contractual or revenue figures.