Penguin Solutions, Inc.

Penguin Solutions, Inc. designs, deploys, and manages artificial intelligence (AI) infrastructure, high-performance computing systems, and specialized component solutions. The company operates through three principal business segments: Advanced Computing, Integrated Memory, and Optimized LED. Advanced Computing offers full-stack AI data center platforms, infrastructure software, and fault-tolerant computing systems. Integrated Memory provides dynamic random-access memory modules, flash storage, memory expansion products, and specialized supply chain services. The Optimized LED segment, operating under the Cree LED brand, produces LED chips and packaged components for general illumination, displays, and specialty lighting. The company serves enterprise clients, sovereign AI initiatives, neocloud providers, hyperscalers, and original equipment manufacturers across sectors including technology, energy, healthcare, transportation, and industrial automation.

The company employs approximately 2,800 workers globally, primarily located across the United States, China, and Malaysia. It maintains manufacturing and testing facilities in Newark and Fremont, California; Penang, Malaysia; Huizhou, China; and assembly operations in Ireland. Research and development activities take place across multiple facilities in the United States, China, India, Taiwan, and Malaysia. Penguin Solutions is a Delaware-domiciled corporation.

Summary of the business section of Penguin Solutions's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of the end of fiscal 2026, Penguin Solutions employed approximatel y 2,800 employees worldwide, with most located in the United States, China, and Malaysia.”