Enterprise IT solutions, data infrastructure, and digital transformation by Penguin Solutions
Cree_LED_SGH enters into agreement to sell business to Group Transom as stock falls 2.1%
Penguin Solutions said it has entered into a definitive agreement to sell its Cree_LED_SGH business to Group Transom as part of its broader AI Factory Platform strategy. The stock is down 2.1% on ...
Penguin Solutions introduces SMART Modular MRDIMMs as stock falls 8.3%
Penguin Solutions unveiled new SMART Modular memory modules designed to improve bandwidth in next-generation AI data centers. The stock is down 8.3% on the day at $47.5.Penguin Solutions has ...
Penguin Solutions launches SMART Modular MRDIMMs targeting AI data center memory bottlenecks
Penguin Solutions has introduced new SMART Modular MRDIMMs designed to tackle memory bandwidth constraints in next-generation AI data centers. According to the company, these memory modules ...
CXL technology accelerates memory integration in high performance servers, Penguin Solutions announces
Penguin Solutions announced that memory expansion using CXL technology is moving beyond concept and is now being incorporated into next generation high performance server platforms. The company ...
Penguin Solutions accelerates AI deployment through multi-year partnership with Axe Compute
Penguin Solutions has partnered with Axe Compute in a multi-year strategic collaboration to speed up the deployment of AI infrastructure. The arrangement centers on supporting Axe Compute Build, ...
AI infrastructure accelerates business growth for Penguin Solutions as neocloud demand rises
Penguin Solutions reported on its Q4 earnings call that accelerating demand for AI infrastructure, particularly from neocloud providers, is driving its next phase of growth. The company ...
Penguin Solutions reports record fourth quarter results and raises fiscal 2027 outlook
Penguin Solutions reported record financial results for the fourth quarter, citing booming demand for AI-driven data centers. The company also raised its outlook for fiscal 2027, reflecting ...
Stephen Cumming named chief financial officer at Penguin Solutions
Penguin Solutions has announced the appointment of Stephen Cumming as its new senior vice president and chief financial officer. Cumming brings experience in financial leadership from the ...
Penguin Solutions to hold Q4 and fiscal year 2026 earnings call on October 6
Penguin Solutions announced it will host its fourth-quarter and full fiscal year 2026 earnings call tomorrow, Tuesday, October 6 at 1:30 p.m. PDT. The company indicated continued growth in ...
Penguin Solutions deploys and optimizes Lektra AI data centers: Can PENG break above $52.83?
Lektra has chosen Penguin Solutions to help deploy and optimize a network of distributed AI micro data centers designed to operate at 20MW or below, aimed at expanding where AI capabilities can be ...
Penguin Solutions brings MemoryAI KV to AI Infra Summit amid rising demand for memory solutions
Penguin Solutions is set to present its latest advancements in artificial intelligence infrastructure at the AI Infra Summit in Santa Clara from September 15 to 17. The company will feature ...
Penguin Solutions, Inc. secures two Cloud Awards nominations for sovereign AI cluster innovation
Penguin Solutions, Inc. has been shortlisted for the Cloud Awards AI Awards in two key categories, recognizing its work on advanced artificial intelligence infrastructure. The company is a ...
Penguin Solutions to present AI scaling strategy at GSCommunacopia in San Francisco
Penguin Solutions, Inc. is set to participate in GSCommunacopia 2026 in San Francisco. Chief Executive Officer Kash Shaikh will speak on Thursday, September 10, at 2:25 p.m. Pacific Time, ...
Enterprise AI factory adoption set to nearly double by 2028, Penguin Solutions, Inc. projects
A recent survey by Deloitte reveals that more than 70 percent of enterprise IT leaders anticipate operating scaled AI factories by 2028. This expectation indicates a near doubling of current AI ...
Penguin Solutions Inc. warns AI infrastructure hits limits as server memory bottlenecks stall performance
Modern artificial intelligence workloads are beginning to strain the capabilities of traditional server architecture, according to Penguin Solutions Inc. The company warns that rigid memory ...
AI workload complexity accelerates and drives need for scalable KV cache, Penguin Solutions asserts
Penguin Solutions, Inc. addressed escalating pressures on infrastructure driven by expanding AI workloads at FMS 2026 last week. At the event, Chief Technology Officer Phillip Pokorny detailed ...
Penguin Solutions stock jumps 4.3% as AI Factory Platform strategy and Q3 results win industry recognition
Penguin Solutions' AI Factory Platform strategy and record-setting third-quarter results are receiving industry recognition. At the same time, the stock is up 4.3% on the day at $58.73.Penguin ...
Penguin Solutions, Inc. AI Factory Platform strategy propels quarterly results to new high
Penguin Solutions, Inc. has reported a record performance for the third quarter, citing strong momentum from its AI Factory Platform strategy. According to a recent analysis from Seeking Alpha, ...
Penguin Solutions, Inc. advances AI infrastructure as demand for production-scale inference rises
Penguin Solutions, Inc. is emerging as a key player in the evolution of AI infrastructure, according to continued independent industry coverage. As adoption of production-scale inference and ...
Gap up from $52.6 to $56 fuels Penguin Solutions stock rally as bullish structure forms
Penguin Solutions is drawing attention to memory limitations as a major bottleneck for scaling AI inference workloads. At the same time, Penguin Solutions stock is up 10.4% on the day at ...
Penguin Solutions stock holds above weekly support in mixed technical setup
Penguin Solutions is set to participate in the upcoming Future of Memory and Storage 2026 event, where CTO Phillip Pokorny will feature in two sessions focused on AI performance and CXL-powered KV ...
