Penguin Solutions, Inc. engages in the designing and development of enterprise solutions worldwide. It operates through three segments: Advanced Computing, Integrated Memory, and Optimized LED. It offers dynamic random access memory modules, solid-state and flash storage, and other advanced integrated memory solutions for networking and telecom, data analytics, artificial intelligence and machine learning applications; and supply chain services, including procurement, logistics, inventory management, temporary warehousing, programming, kitting, and packaging services. The company also provides Penguin Computing that focus on technical computing for core and cloud environments through high-performance computing and AI solutions; and Penguin Edge, an edge computing solution for embedded and wireless applications, such as high-performance products for government, health care, manufacturing, and telecommunications applications. In addition, it offers Stratus, which provides simplified, protected, and autonomous fault tolerant computing solutions in the data center and at the Edge through hardware and software services; and solutions to education, energy, financial services, government, hyperscale, and manufacturing markets. Further, the company provides LED chip products comprising blue and green LED chips based on gallium nitride, and related materials under Cree LED brand; and surface mount devices under the Cree LED XLamp and J Series brands. It sells its products directly to original equipment manufacturers, enterprise, government and other end customers through direct sales force, e-commerce, customer service representatives, on-site field application engineers, independent sales representatives, distributors, integrators, and resellers. The company was formerly known as SMART Global Holdings, Inc. and changed its name to Penguin Solutions, Inc. in October 2024. Penguin Solutions, Inc. was founded in 1988 and is based in Grand Cayman, Cayman Islands.

Penguin Solutions Inc.

An update from Penguin Solutions ( ($PENG) ) is now available. On July 17, 2026, Penguin Solutions issued $750 million of 0.00% Convertible Senior ...

Penguin Solutions Issues Zero-Coupon Convertible Notes and Refinances

Penguin Solutions, Inc. (($PENG)) has held its Q3 earnings call. Read on for the main highlights of the call. Penguin Solutions’ latest earnings ca...

Penguin Solutions’ Earnings Call Shows AI‑Fueled Surge

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Penguin Solutions (PENG), Nvidia (NVDA) and ON Semic...

	A	B	C	D
1	Symbol	Price	Change	Volume
2	PENG	$53.23	-11.89%	6.10M
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	A	B	C	D
1	Symbol	Price	Change	Vol
2	PENG	$53.23	-11.9%	6.10M
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