Penguin Solutions (formerly SMART Global Holdings): AI investments, portfolio and co-investors (2026) · Lounge.ai

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Penguin Solutions (formerly SMART Global Holdings)

Venture capital · Fremont, California, United States · penguinsolutions.com ↗

Penguin Solutions is a technology infrastructure company that specializes in designing, building, deploying, and managing AI factories and high-performance computing (HPC) systems. Headquartered in Milpitas, California, the company was formerly known as SMART Global Holdings and rebranded in October 2024. It operates publicly on the Nasdaq under the ticker PENG. The company offers a range of products and solutions across three main business segments: Advanced Computing, Integrated Memory, and Optimized LED. Key offerings include AI infrastructure solutions like OriginAI®, HPC and AI systems,

LinkedIn ↗+1 510-623-1231

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