Flex is trading 4.81% lower at $111.60, likely pressured by a broader selloff in AI-linked hardware and semiconductor stocks. - Reports cite concerns about AI investment and Chinese chip competition; Flex is not directly tied to reported Asian chip declines, pointing to sector pressure rather than a confirmed company-specific catalyst. - On October 12, Flex announced expanded modular AI data center products; it was not reported as the cause, and no same-day company-specific negative catalyst was found.