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FLEX News5 articles
Teradyne Lifts Dividend as AI Test Demand Sustainability Under Scrutiny
Teradyne announced a $0.13 quarterly dividend, payable June 12. Shares rose 1.8% after an 87% Q1 revenue surge to $1.282B, fueled by AI testing demand, but concerns persist about sustainability.
Flex Shares Surge 28% on AI Data Center Spinoff Plan
Flex shares surged 28.4% premarket after announcing the spinoff of its Cloud and Power Infrastructure unit into a standalone company, targeting AI data center growth.
AMD Shares Drop Amid Tech Selloff as Geopolitical Tensions Weigh
Advanced Micro Devices shares declined 4.8% to $189.16 during Tuesday's session, leading a semiconductor sector selloff. The broader market dropped as investors reacted to escalating Middle East tensions and energy price pressures.
Flex Shares Gain Amid AI Data Center Rally, Investor Day in Focus
Flex Ltd. shares advanced as AI and semiconductor stocks rallied. Investors await the company's May 13 Investor Day for updates on its data center power and cooling business growth.
Qatar LNG Halt Strains Global Supply, Spotlight on Venture Global Flexibility
A Qatar LNG production halt is tightening global supply, with Venture Global's flexible spot cargoes drawing attention. Limited spare capacity elsewhere is driving sharp price increases.