35 Non-Tech AI Opportunities Amid DeepSeek Selloff

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13. Flex Ltd. (NASDAQ:FLEX)

Number of Hedge Fund Holders: 45

Flex Ltd. (NASDAQ:FLEX) offers manufacturing solutions across Asia, the Americas, and Europe. This company stands out as a rewarding investment for several reasons. The most influential factor is the company’s financial growth in the third quarter of 2024. For instance, the reported net sales were $6.6 billion, indicating demand for the company’s products or services. In addition, GAAP operating income was $334 million, and adjusted operating income was $399 million, reflecting the profitability of the company’s core business operations. Moreover, the company has acquired JetCool Technologies, a leading liquid cooling company for data centers. This acquisition would strengthen the company’s data center and power portfolio, further enabling the company to address the growing power, heat, and scalability challenges associated with AI workloads.

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