SMART Global Holdings, Inc. Stock News

MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions announced an agreement with CDW making its AI infrastructure available to CDW's customer base enabling more companies to deploy AI.

NEWARK, Calif.--(BUSINESS WIRE)---- $PENG #AI--SMART Modular Technologies today announced that its E3.S 2T 128GB CMM memory module has been officially added to the CXL Consortium's Integrator List.

I maintain a bullish rating on Penguin Solutions due to strong AI-related demand and solid financial performance, validated by 2Q25 results. PENG reported $366 million in revenue, up 28% y/y, with significant growth in Advanced Computing and Integrated Memory segments, and improved gross margins. Management's positive pipeline commentary and strong demand from hyperscalers suggest continued rev...

Penguin Solutions, Inc. reported earnings amid market uncertainty due to new tariffs, impacting investor sentiment negatively despite a revised revenue growth outlook for fiscal 2025. My previous positive call on PENG was incorrect; the company has struggled with its turnaround, but it remains positioned for AI infrastructure growth. Despite challenges, Penguin Solutions improved its balance sh...

Penguin Solutions is strategically pivoting towards AI infrastructure and next-gen memory, positioning itself as a full-stack solutions provider across key industries. The company shows strong financial performance with 28.33% growth, significant revenue upside, and expanding margins, driven by advanced computing and strategic customer expansion. Despite undervaluation, risks include demand var...

Penguin Solutions, Inc. (NASDAQ:PENG ) Q2 2025 Earnings Conference Call April 2, 2025 4:30 PM ET Company Participants Suzanne Schmidt - Investor Relations Mark Adams - Chief Executive Officer Nate Olmstead - Chief Financial Officer Conference Call Participants Denis Pyatchanin - Stifel Samik Chatterjee - JPMorgan Alek Valero - Loop Capital Kevin Garrigan - Rosenblatt Securities Nick Doyle - Nee...

MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today reported financial results for Q2 fiscal 2025 and the planned retirement of COO & President of Integrated Memory Jack Pacheco.

NEWARK, Calif.--(BUSINESS WIRE)---- $PENG #AI--SMART Modular announced that it is now sampling its redefined Non-Volatile CXL Memory Module (NV-CMM) to Tier 1 OEMs based on the CXL® 2.0 standard.