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Barchart
Barchart
Ruchi Gupta

1 'Strong Buy' AI Growth Stock Under $20 to Grab Now

PENG Penguin Solutions Michael Ng

Valued at $879 million by market cap, Penguin Solutions Inc. (PENG) is involved in designing, developing, and packaging memory and storage solutions. Their portfolio includes DRAM modules, LED lighting products, solid-state/flash storage servers, Internet of Things (IoT) and surveillance solutions, design services, professional services, data center services, and managed services. 

Incorporated in 1988 and previously known as SMART Global Holdings, Penguin Solutions has expanded its customer base to include clients from the education, financial services, government, energy, healthcare, and telecommunication industries. 

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