Penguin Solutions, Inc.
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.Company Description
- CEO
- Kash Shaikh
- Full Time Employees
- 2,800
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- 45800 Northport Loop Fremont CA United States 94538
- IPO Date
- May 24, 2017
- CIK
- 0001616533
- Website
- penguinsolutions.com
- Similar Companies
- Business
- Penguin Solutions, Inc. designs, builds, deploys, and manages advanced enterprise technology solutions globally, operating through three primary segments: Intelligent Platform Solutions, Integrated Memory, and Optimized LED. The company offers high-performance server systems powered by AMD and Intel technologies; dynamic random access memory modules; solid-state and flash storage products; integrated memory solutions for networking, telecom, data analytics, AI, and machine learning applications; supply chain services including procurement, logistics, inventory management, programming, kitting, and packaging; and LED chips and lighting products under the Cree LED brand. It also delivers specialized software such as Scyld ClusterWare and Scyld Cloud Central for cluster and cloud environment management, and hardware and software AI infrastructure solutions including Penguin Computing for core and cloud HPC/AI environments, Penguin Edge for embedded and wireless edge computing, and Stratus platforms offering fault-tolerant computing for data centers and edge locations. The company serves end markets such as financial services, energy, government, telecommunications, healthcare, manufacturing, education, hyperscale, and smart city applications. Penguin Solutions was founded in 1988, is headquartered in Milpitas, California, and has a significant global presence. Recent major changes include the October 2024 rebranding from SMART Global Holdings, Inc. to Penguin Solutions, Inc., reflecting a strategic transformation into an enterprise AI infrastructure solutions company. The company completed the redomiciliation of its parent corporate entity from the Cayman Islands to Delaware in mid-2025. It reported fiscal 2025 net sales of $1.37 billion, up 17% year-over-year, with a strategic focus on expanding AI, HPC, and edge computing offerings. Penguin Solutions introduced support for Oracle Linux on its Stratus ztC Endurance platform and authorized a $75 million common stock repurchase in October 2025 as part of ongoing shareholder value initiatives. Its product portfolio continues to evolve with enhanced HPC and AI systems, cloud and edge solutions, and integrated memory technologies, positioning it as a leader in high-availability, high-performance computing infrastructure.
Company News
Is Penguin Solutions Inc (PENG) Overvalued After 3.7% Rally? GF Value Says Overvalued
Missed Out On Micron and Sandisk? Make Sure You Don't Miss Out On This Memory Stock.
Wall Street Analysts Predict a 26.69% Upside in Penguin Solutions, Inc. (PENG): Here's What You Should Know
Jim Cramer Skips IREN: ‘The Only One That I Trust' Is a Different Neocloud
Penguin Solutions: A Sell On Memory Cycle Peak And Cash Flow Uncertainty
The Memory Bottleneck Made Investors Rich For 3 Years, Now CXL Looks like The Next Play
Penguin Solutions Inc (PENG) Shares Surge 3.8% -- What GF Score of 73 Tells Investors
Penguin Solutions Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Surging Earnings Estimates Signal Upside for Penguin Solutions, Inc. (PENG) Stock
Penguin Solutions: Explosive AI Growth At A Surprisingly Low Valuation
Penguin Solutions: Why I'm Bullish After A Blowout Q4
Penguin Solutions initiated with a Buy from Bank of America on AI memory demand
Penguin Solutions Is Soaring as AI Memory Demand Explodes
Penguin Solutions shares rise over 15% after strong earnings and higher 2027 outlook
Penguin Solutions (PENG) Reports Strong Q4 Results and Raises FY27 Outlook
PENG Q4 Earnings Call Signals Faster AI Infrastructure Growth
These Analysts Increase Their Forecasts On Penguin Solutions Following Upbeat Q4 Results
Rising Oil, Treasury Yields Pressure Stock Futures
Penguin Solutions (NASDAQ: PENG) lifts 2027 sales outlook after record quarter
Penguin Solutions Q4 Earnings Call Highlights