Penguin Solutions, Inc.

Penguin Solutions, Inc. designs and deploys enterprise computing solutions serving OEMs, government agencies, and data center operators globally. The company operates across three primary segments: Advanced Computing, which provides high-performance computing and AI infrastructure solutions; Integrated Memory, which manufactures dynamic random-access memory modules, solid-state drives, and flash storage products; and Optimized LED, which produces LED components and lighting solutions. The company markets its offerings under multiple brands including Penguin Solutions, Penguin Computing, Stratus, SMART Modular Technologies, and Cree LED.

The Advanced Computing segment focuses on GPU-based AI infrastructure and technical computing platforms, including the OriginAI solution for large-scale GPU deployments and Stratus products designed for continuous system availability. The Integrated Memory segment supplies memory and storage components to networking, telecommunications, data analytics, and machine learning customers, offering products in various form factors including M.2, PCIe NVMe, and EDSFF configurations. Beyond products, the company provides supply chain services encompassing procurement, logistics, inventory management, programming, and kitting.

Headquartered in Fremont, California, Penguin Solutions operates with approximately 2,900 full-time employees and maintains a direct and channel-based distribution network serving customers worldwide. The company was formerly known as SMART Global Holdings, Inc. until rebranding in October 2024.