US Stocks Movement | FLEX.US rises nearly 8% as Flex partners with Cerebras to expand production lines, boosting AI system capacity sevenfold
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On the news front, on July 9, Flex and Cerebras Systems Inc. announced an expanded manufacturing partnership. They will add new production lines at Flex’s factory in Milpitas, California, to boost output of one of the world’s most advanced AI acceleration systems—the Cerebras CS-3—by seven times, in response to the rapidly growing demand for high-performance AI infrastructure.
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