Penguin Solutions (NASDAQ: PENG) is no newcomer to tech, data centers or AI, but it is only now, with the AI boom years in the making, that its stock price is rallying.
The reason is simple: now that GPU supply and supply chains are firming up, connectivity and networking solutions are being delivered, and data centers are under construction, the real work is gaining traction. That is the building and deployment of racks at scale and, more importantly, the management of their day-to-day operations and efficiency.
