Penguin Solutions Inc Stock Price, News & Analysis

Cree LED (Nasdaq: PENG) and Blizzard Lighting reached a mutual settlement on January 20, 2026 resolving a patent infringement dispute concerning Cree LED patents for LED components commonly used in LED displays. As part of the agreement, Cree LED granted Blizzard a limited license to certain Cree LED patents. The company emphasized its commitment to protecting intellectual property and monitoring the global supply chain to address unauthorized use of its technologies, supporting product integrity and performance.

Penguin Solutions (NASDAQ: PENG) announced its SMART Modular CXL NV-CMM E3.S 2T non-volatile memory module has passed CXL compliance testing and is now listed on the CXL Consortium Integrators List.

The module implements CXL 2.0, delivers low-latency, high-bandwidth persistent storage with enterprise-class RAS, and is designed for system acceleration, large in-memory databases, fast checkpointing/caching for AI/ML workloads, and rapid data recovery after power loss or crashes.

Cree LED (Nasdaq: PENG) launched a new Level 2 (L2) Solutions portfolio of standard and custom fully populated LED PCBA assemblies for indoor and outdoor lighting on January 13, 2026. The lineup offers stocked standard L2 PCBAs with low to no-minimum order quantities via existing distribution, plus custom high-volume options using XLamp and J Series platforms.

Indoor linear boards: two designs, five LED-count options, J Series 2835 LEDs, CCTs 5000K–3000K, 80 and 90 CRI. Outdoor array boards: five designs, four LED-count options, J Series 5050 LEDs, CCTs 5000K–2700K, 70 CRI. The company emphasizes global manufacturing flexibility, supply stability, and engineering support.

Penguin Solutions (NASDAQ: PENG) reported Q1 FY2026 net sales of $343.1M, up 1% year-over-year, with GAAP gross margin 28.0% (down 70 bps) and non-GAAP gross margin 30.0% (down 80 bps). GAAP diluted EPS was $0.04 versus $0.10 a year earlier; non-GAAP diluted EPS was $0.49 for both periods. The company announced a $46.08M agreement to sell its remaining 19% interest in Brazil memory module business (Zilia Technologies), expected to close on or about March 30, 2026 and no later than April 28, 2026.

For fiscal 2026 Penguin updated guidance: net sales +6% YoY ±10%, GAAP gross margin 27% ±1% (non-GAAP 29% ±1%), GAAP diluted EPS $0.85 ±$0.25 and non-GAAP diluted EPS $2.00 ±$0.25, with non-GAAP operating expenses $250M ±$10M and ~55M diluted shares.

Penguin Solutions (Nasdaq: PENG) will host a quarterly financial webcast and conference call for Q1 fiscal 2026 earnings on Tuesday, January 6, 2026 after market close, beginning at 1:30 p.m. PT / 4:30 p.m. ET.

Financial results will be issued in a press release prior to the call. Investors can register online to receive dial-in details and a conference ID; a live webcast will be available on the company's investor relations Events page. The webcast replay and related slide presentation will be posted on the Quarterly Results page and archived on the investor site for one year.

Penguin Solutions (Nasdaq:PENG) launched a new SMART 64GB DDR5-6400 ECC CSODIMM memory module on December 9, 2025, expanding its DDR5 SODIMM family to include capacities from 16GB to 64GB.

The module supports up to 6400 MT/s, ECC for error correction, a compact CSODIMM form factor, CKD clock-driver technology, and both commercial- and industrial-temperature options for harsh industrial, edge, telecom, and networking deployments. Sampling is available now and more information is on the company website.

Cree LED (Nasdaq:PENG) and SANlight announced a partnership for SANlight's new STIXX-Series luminaires to use Cree LED’s J Series products for horticulture lighting.

The STIXX fixtures offer a slim modular design, module efficiency up to 3.1 μmol/J, LM-80 backed TM-21 lifetimes exceeding 53,000 hours, advanced secondary optics, and an IP68 rating for dust and water resistance. Units are suited for toplight, undercanopy, and vertical farming and will be demonstrated at MJBizCon, Dec 2–5, 2025 in Las Vegas.

Penguin Solutions (Nasdaq: PENG) will support NVIDIA DGX B300 and RTX PRO 6000 GPUs across its OriginAI portfolio, with general availability scheduled for early 2026. DGX B300 offers up to 72 petaFLOPs training and 144 petaFLOPs inference; RTX PRO 6000 provides 96 GB GDDR7 on a dual-slot PCIe Gen 5 card to reduce space and power. OriginAI delivers pre-validated cluster architectures (1/4-pod to >90 pods) supporting deployments from 64 to 24,000 GPUs, combines ICE ClusterWare software (new multi-tenancy, anomaly detection, auto-remediation), and uses in-factory burn-in to confirm production readiness.

Penguin Solutions (SGH) announced ICE ClusterWare 13.0, a cluster management release focused on sustaining peak AI/HPC performance and secure multi-tenant provisioning. Key capabilities include patent-pending anomaly detection and auto-remediation that isolates underperforming nodes in real time, and an optional network-isolated multi-tenancy feature that creates dedicated subclusters for departments, GPUaaS customers, or projects.

General availability is scheduled for December 2, 2025, and a webinar is set for December 17, 2025 at 10:00 a.m. PST. The release targets enterprises, cloud providers, hyperscalers, research institutes, and agencies needing secure, predictable AI infrastructure.