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Penguin Solutions

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Penguin Solutions (Nasdaq: PENG) is a provider of memory and AI infrastructure, positioning itself as the AI factory platform company.

Last updated September 10, 2026

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Nov 4, 2026
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Overview

Penguin Solutions describes itself as the AI factory platform company and a provider of memory and AI infrastructure for enterprises, sovereign AI initiatives, and neocloud providers. Its stated core areas are AI and HPC data center infrastructure, fault tolerant solutions, integrated memory, and LED solutions. The company states it was founded in 1988 as a specialty memory company, is headquartered in Silicon Valley, California, and operates globally through R&D, manufacturing, and sales locations. Its Full-Stack AI Factory Platform combines infrastructure software, advanced memory, compute systems, end-to-end services, and partner technologies; named platform elements include ClusterWareAI and MemoryAI.

History

Penguin Solutions states that it was founded in 1988 as a specialty memory company. It describes itself as having operated for nearly three decades at the intersection of AI infrastructure and memory. The company also notes that in November 2023 it divested from its manufacturing facility in Atibaia, Brazil, and that moving forward its reporting data would not include metrics from that facility.

Products and positioning

Penguin Solutions is the AI factory platform company.

  • Full-Stack AI Factory Platform

    Combines differentiated products and services with partner technologies to help customers deploy and scale AI workloads.

  • ClusterWareAI

    AI factory platform operating system software that unifies and automates cluster deployment and management.

  • MemoryAI

    Memory solutions designed specifically for data centers and AI inference.

Recent events

  • Reported

    Penguin Solutions fourth-quarter results surpass expectations[6]

    Penguin Solutions reported fourth-quarter results that surpassed expectations, with adjusted earnings of $1 per share on revenue of $566.7 million versus FactSet consensus of 77 cents per share and $521 million in revenue; the AI factory platform builder's shares advanced more than 4% in premarket trading.

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