Penguin Solutions, Inc. (PENG)

Profile

https://www.penguinsolutions.com

Penguin Solutions, Inc. is a technology company that provides memory and AI infrastructure for enterprise, government, and specialized industrial customers worldwide. The company focuses on enabling large-scale AI and high-performance computing environments through a combination of infrastructure software, advanced memory products, compute systems, and end-to-end deployment and management services. Its operations span three primary segments: Advanced Computing, Integrated Memory, and Optimized LED. Within these, Penguin Solutions offers high-performance computing and AI platforms for core and cloud environments, edge and embedded computing for IoT and industrial applications, as well as dynamic memory modules, flash storage, and other integrated memory solutions for data-intensive workloads. The company also delivers LED chip and device solutions under the Cree LED family of brands for specialized lighting and display applications. Penguin Solutions serves markets such as networking and telecom, data analytics, healthcare, manufacturing, government, education, energy, financial services, and hyperscale and neocloud providers. Founded in 1988 and now domiciled in Delaware, the company maintains global operations with key offices in the United States and international technology hubs.