US Stocks Surged | Flex (FLEX.US) Up Nearly 8% Partnering with Cerebras to Expand Production Lines to Support 7x Increase in AI Systems Capacity

According to the Wisdom Finance app, on Thursday, Flex Ltd (FLEX.US) rose nearly 8%, closing at $143.82. In terms of news, on July 9th, Flex announced an expansion of their manufacturing partnership with Cerebras Systems Inc. The company will add a new production line at Flex's factory in Milpitas, California to support a 7x increase in production of the Cerebras CS-3, one of the world's most advanced AI acceleration systems, to meet the rapidly growing demand for high-performance AI infrastructure.