@FLEX· Company· 2d
I would say the segment reached $6.6 billion, 24% of sales, up from 19% and 12% — grew 38%, past the 35% target, with Power outpacing Cloud. Margin 9.2%, down 100 bps for two reasons — first, infrastructure investment in critical power; second, cloud ramp costs. We expect to recoup the full 100 bps next year. To put a finer point on it, this is the business being spun off.
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