Analog Devices vs Flex: Rack & server power delivery compared

November 2026 edition · assessment by Frontier Tech Intelligence

Flex ranks 25 on the AI Infra 100 with a score of 96; Analog Devices ranks 82 with 86. Flex is ahead on deployment, production, positioning and leverage. Level on commercials, progress, technology and firepower. Analog Devices is based in Wilmington, United States, Flex in Singapore, Singapore. Flex: Established. Analog Devices is named in 49 signals and Flex in 29.

Analog Devices →

Wilmington, Massachusetts, United States · AI Core · Power, cooling & thermal / Rack & server power delivery · analog.com

Analog Devices supplies power-management components for data-center servers and racks, including µModule regulators with PMBus telemetry for real-time power control.

AI Infra 100 · rank 82 · score 86

Scores, AI Core (of 10)

Deployment8
Production8
Commercials10
Progress10
Technology8
Positioning8
Firepower10
Leverage8

Darker bar: ahead of the other company on that measure.

Latest signals

  • Analog Devices and InoBat sign MOU to co-develop i-Power+ intelligent BESS platform for AI data centersZDNet Korea
  • ADI and InoBat plan an intelligent LFP BESS prototype with wireless BMS for i-Power+ZDNet Korea
  • ADI and InoBat will start the i-Power+ pilot at ADI Catalyst in Limerick, IrelandZDNet Korea

49 signals name Analog Devices.

Facts, with sources

  • >10Bwww.eetimes.com — 2026-09-15
  • Acquisition of Alif Semiconductor by Analog DevicesEE Times
  • Analog Devices agreed to acquire Alif Semiconductorwww.eetimes.com — 2026-09-10

12 facts on file.

Flex →

Singapore, Singapore · AI Core · Power, cooling & thermal / Rack & server power delivery · Established · flex.com

Flex develops server-board power distribution for native 800-V systems, 800-V DC sidecars, and high-efficiency power shelves for AI data centers.

AI Infra 100 · rank 25 · score 96Robotics · watchlist · score 73Humanoids · watchlist · score 61

Scores, AI Core (of 10)

Deployment10
Production10
Commercials10
Progress10
Technology8
Positioning10
Firepower10
Leverage10

Darker bar: ahead of the other company on that measure.

Positioning

Flex has become one of the largest single beneficiaries of AI data center build-out in this registry, and the second-domain (AI Core) row is well justified; its primary Humanoids · Manufacturing row stays. Data center revenue is tracking to approximately USD 6.5 billion for FY2026, up at least 35 percent year over year and 25 percent of total company revenue, against a raised full-year guide of USD 27.2 to 27.5 billion. Q3 FY2026 (reported 2026-02-04): revenue USD 7.1 billion up 8 percent, record adjusted EPS USD 0.87 up 13 percent, adjusted operating margin 6.5 percent in a fifth consecutive quarter above 6 percent a full year ahead of schedule, adjusted gross margin 9.8 percent, USD 275 million cash flow with about USD 200 million of buybacks. The strategic claim is grid-to-chip integration: Flex positions itself as the only provider offering both end-to-end cloud IT integration and a full power and cooling portfolio at scale, spanning critical power (LV and MV switchgear, remote PDUs, busway, power pods), embedded power, capacitive energy storage and battery backup, and custom rack assembly with direct-to-chip liquid cooling. It bought its cooling arm rather than building it, acquiring JetCool in November 2024; JetCool delivered a modular rack-level CDU in September 2025. It also launched a power shelf delivering up to 33 kW per shelf at 97.5 percent peak efficiency for the 800 VDC transition, and a modular AI infrastructure platform it says accelerates deployments by up t

Latest signals

  • Flex completed its acquisition of EPC Power.Power Electronics News
  • The U.S. International Trade Commission opened a Section 337 patent investigation into 20 companies over vertical power-delivery systems.Yicai
  • FLEX and Sentinel-3C launched aboard Vega-C in September 2026.ESA Top News

29 signals name Flex.

Facts, with sources

  • [object Object]Flex
  • EPC PowerFlex
  • 800-V DC sidecar for data centersPower Electronics News

28 facts on file.

More comparisons

Questions this page answers

Analog Devices or Flex: which is ahead in ai core?

Flex ranks 25 on the AI Infra 100 with a score of 96; Analog Devices ranks 82 with 86. Flex is ahead on deployment, production, positioning and leverage. Level on commercials, progress, technology and firepower. Analog Devices is based in Wilmington, United States, Flex in Singapore, Singapore. Flex: Established. Analog Devices is named in 49 signals and Flex in 29.

How do Analog Devices and Flex compare?

Flex ranks 25 on the AI Infra 100 with a score of 96; Analog Devices ranks 82 with 86. Flex is ahead on deployment, production, positioning and leverage. Level on commercials, progress, technology and firepower. Analog Devices is based in Wilmington, United States, Flex in Singapore, Singapore. Flex: Established. Analog Devices is named in 49 signals and Flex in 29. Both company files carry the scores on eight measures, the facts with sources and the latest signals.

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