Penguin Solutions, Inc. Ordinary Shares

Cree LED, a Penguin Solutions brand, and Blizzard Lighting LLC have reached a settlement resolving a patent infringement dispute over LED components used in LED displays. As part of the agreement, Cree LED granted Blizzard a limited license to certain of its patents. Cree LED reaffirmed its commitment to protecting its intellectual property and m...

Penguin Solutions announced that its SMART Modular CXL NV-CMM E3.S 2T non-volatile memory module has successfully passed CXL compliance testing and is now listed on the CXL Consortium's Integrators List. The module is designed for AI/ML workloads, data center applications, and high-performance computing, offering low latency, high bandwidth persi...

Cree LED, a Penguin Solutions brand, announced its new Level 2 (L2) Solutions portfolio offering fully-populated LED PC board assemblies. The new lineup provides lighting manufacturers with streamlined sourcing of LEDs and assembled boards from a single supplier, with standard products available through distribution networks at low minimum order ...

Penguin Solutions is presented as a deep-value AI infrastructure play trading at 10X current-year earnings and 5X 2030 forecasts. The company reported solid Q1 FY2026 results with $343M revenue (up 1% YoY), 41% growth in memory solutions, and 13% operating income expansion despite gross margin compression. With analyst consensus targeting 30% ups...

U.S. stock futures were mixed on Wednesday following a strong Tuesday close. ADP reported private-sector job additions of 41,000 in December, signaling modest labor market stabilization. The Dow Jones futures rose 0.04% while S&P 500 and Nasdaq futures declined slightly. Key movers included Mobileye jumping 11% on a $900M robotics acquisition, Ve...