Penguin Solutions, Inc.

Penguin Solutions, Inc. designs, builds, deploys, and manages enterprise solutions globally. Its operations are divided into three segments: Advanced Computing, Integrated Memory, and Optimized LED. The company offers hardware, software, and services focused on technical computing for core and cloud environments through high-performance computing and AI solutions under brands like Penguin Solutions, Penguin Computing, Stratus, and Penguin Edge. It also provides Penguin Solutions OriginAI, an AI infrastructure solution for deploying GPUs at scale. Under the Stratus brand, it ensures continuous availability of critical data and applications in data centers and edge locations. Through SMART Modular Technologies, it offers dynamic random-access memory, solid-state/flash storage, and integrated memory solutions for networking, telecom, data analytics, AI, and ML. Additionally, it provides Zefr memory modules, Altus and AMD EPYC-based servers for AI workloads, flash memory products, and supply chain services. Its LED portfolio includes Cree LED products such as XLamp and J Series packages.

Penguin Solutions, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol PENG. Its shares are traded in U.S. dollars (USD), as the company is based in the United States. The exchange is one of the major U.S. stock exchanges, providing liquidity and visibility for the company's stock.

Penguin Solutions, Inc. operates in the Technology sector, specifically within the Information Technology Services industry. This classification reflects its focus on providing enterprise solutions including high-performance computing, AI infrastructure, memory and storage products, and LED lighting. The company serves a range of industries such as data analytics, artificial intelligence, machine learning, networking, and telecom, leveraging its expertise in designing and managing complex technical computing environments.

Penguin Solutions offers a diverse portfolio under several brands. Under Penguin Solutions, Penguin Computing, Stratus, and Penguin Edge, it provides high-performance computing and AI solutions, including the OriginAI infrastructure for GPU deployment. The Stratus brand focuses on continuous availability of critical data and applications in data centers and edge locations. SMART Modular Technologies supplies dynamic random-access memory, modules, solid-state/flash storage, and integrated memory solutions for networking, telecom, data analytics, AI, and ML. The company also offers Zefr memory modules, Altus and AMD EPYC-based servers for AI workloads, and flash memory products such as SSDs, SATA, PCIe NVMe, and M.2 form factors. Additionally, it provides supply chain services including procurement, logistics, inventory management, and packaging. Its LED portfolio includes Cree LED products like XLamp and J Series packages.

Penguin Solutions generates revenue by designing, building, deploying, and managing enterprise solutions across three segments: Advanced Computing, Integrated Memory, and Optimized LED. In Advanced Computing, it sells hardware, software, and services for high-performance computing and AI, including servers and infrastructure solutions like OriginAI. The Integrated Memory segment provides memory and storage products under SMART Modular Technologies, including DRAM, SSDs, and integrated memory solutions, as well as supply chain services such as procurement, logistics, and kitting. The Optimized LED segment offers LED lighting products under the Cree LED brand. The company serves customers in data centers, edge locations, and various industries, earning revenue from product sales, services, and supply chain management.