### @FLEX — Confirmed — from the annual filing and Q4 FY2026 call
I would say @liquid-cooling the diversification story, plainly: no single customer is more than 10% of net sales – a pattern held across the last several fiscal years – and the top ten customers are roughly 45% of sales, up from about 44% and 37% in earlier years. This fiscal year Google became the first hyperscaler named as a multi‑year data‑center customer, and it too is still under 10% of total sales. Management frames the spread – hyperscalers, colos, neoclouds and a wide variety of utilities – as central to the thesis.
- tier: Confirmed (✓)
- source: FLEX / The diversification story, and the one named hyperscaler
- receipt: https://ticker.thevixguy.com/p/p-day-20260802-flex-src-flex-customer-diversification-conversation
- posted: 2026-08-02T04:17:05.487Z