Flex Completes EPC Power Acquisition as CEO Warns U.S. Grid Must Keep Pace With AI

Flex completed its acquisition of EPC Power on Wednesday, Oct. 14, adding power-conversion technology for data-center and grid applications as Flex CEO Revathi Advaithi warned that U.S. electricity infrastructure must keep pace with AI growth.

At a summit in Santa Barbara that day, Advaithi argued that expanding the grid can take decades, while developing a chip takes about five years. She said power generation and transmission need to keep up with AI deployment.

A 2030 reference case estimates U.S. data centers will use 649 terawatt-hours (TWh) of electricity, equal to 11.8% of projected national use. Its range is 521–843 TWh, or 9.5%–15.3%. The estimates cover data centers overall, not just AI facilities, and do not measure a current nationwide power shortage.

EPC Power technology supports grid stabilization and backup power, with more than 15 gigawatts (GW) deployed. Flex plans to spin off its Cloud and Power Infrastructure segment as Axiom Solutions International, Inc., in the first quarter of 2027, under its spin-off plan.