SMART Global Holdings, Inc. Ordinary Shares Stock Price, News & Analysis

Stratus, a Penguin Solutions (PENG) brand, announced support for Microsoft Windows Server 2022 on its ztC Endurance platforms. This update enables organizations to run Windows Server-based applications with 99.99999% reliability, protecting critical applications from downtime and data loss. The platform now includes 25Gb Ethernet networking options and offers power configuration choices of 100-127 VAC or 200-240 VAC. The model 5100 with Windows support will be available on November 18, 2024, with Hyper-V availability planned for first half of 2025.

Penguin Solutions (PENG) announced its participation at Supercomputing 24 (SC24) in Atlanta from November 18-22. With over 25 years of high-performance computing experience and 85,000+ GPUs deployed, the company will showcase technology demos including OriginAI Factory Solution, Scyld ClusterWare, Stratus ztC Endurance, and SMART Modular Memory Technology.

The event will feature speaking engagements on AI Makerspace with Georgia Tech, innovative data center cooling, and processor design innovation. Penguin Solutions is also sponsoring the Beowulf Bash and the University of New Mexico team in the Student Cluster Competition.

Cree LED, a Penguin Solutions brand (NASDAQ: PENG), has launched the CV28D LEDs with FusionBeam™ Technology, combining through-hole and surface-mount RGB LED technology for enhanced signage displays. The innovation delivers 2.5 times higher resolution than traditional through-hole LEDs, equivalent to upgrading from 480p to 1080p video quality. The CV28D features advanced directionality, reducing light pollution by four times compared to standard RGB SMD LEDs, while offering IP68-rated protection in a compact 4.3mm height form factor.

SMART Modular Technologies, a Penguin Solutions brand (Nasdaq: PENG), has launched its new T6EN PCIe/NVMe flash drives designed for aerospace, defense, and industrial applications. Available in U.2, E1.S, and M.2 2280 form factors, these ruggedized SSDs offer capacities up to 15TB for U.2 and 8TB for E1.S and M.2 2280 versions. The drives feature AES-XTS 256-bit encryption, OPAL 2.0 compliance, and utilize 3D TLC flash memory. Enhanced durability features include thicker PCBs, robust signal routing, and optional conformal coating for protection against environmental factors.

Penguin Solutions (Nasdaq: PENG) has released its 2023 Environmental, Social, and Governance (ESG) Report, marking its fourth annual publication. Key achievements include a 76% reduction in Scope 1 and 2 greenhouse gas emissions and reaching 78% renewable energy usage with a second site conversion to 100% renewable energy. The company conducted a global gender pay parity study and maintained membership in the Responsible Business Alliance. In 2024, Penguin Solutions completed its first formal double materiality assessment, incorporating guidelines from GRI, UN SDGs, UNGC, TCFD, and ESRS.

Cree LED, an SGH company (Nasdaq: SGH), has announced that the city of Santiago de Querétaro in central Mexico is upgrading its downtown lighting. The project, authorized by state and municipal governments, will replace 1600 sodium-based lamps with LED fixtures. IDC Componentes (IDC2) and Ilumiled are implementing the upgrade, which maintains the downtown area's light color and softness while improving light uniformity and reducing power consumption by over 50%.

The new fixtures use Cree LED's JR5050C E Class LEDs with a 2200K CCT, preserving the warm ambiance while delivering higher light output. The upgrade is projected to reduce power consumption by 58% over the next decade, resulting in annual energy savings of approximately $80,000 USD. The project aims to modernize lighting while maintaining the integrity of the 18th century downtown area.

SMART Global Holdings (SGH) has announced its upcoming financial webcast and conference call for the fourth quarter and full fiscal year 2024 earnings. The event is scheduled for Tuesday, October 15, 2024, starting at 1:30 p.m. Pacific Time / 4:30 p.m. Eastern Time. Financial results will be released in a press release before the conference call.

Interested parties can access the live webcast through the SGH Q4 FY24 Earnings Call Webcast link. For those preferring to listen via phone, dial-in options are available: +1 833-470-1428 (domestic) or +1 929-526-1599 (international), using access code 916986.

An archived version of the webcast will be available on the SGH investor relations website for one year. A telephonic replay will also be accessible for one week after the call.

SMART Modular Technologies, a division of SGH (Nasdaq: SGH), has introduced proprietary technology to mitigate single event upsets (SEUs) in high-reliability flash-memory based systems. The MP3000 NVMe SSD products with SEU mitigation can reduce annual failure rates from 17.5k/Mu to less than 10/Mu, potentially saving hundreds of thousands of dollars in service costs. This technology is important for maintaining uninterrupted uptime in remote deployments.

The company's SATA and PCIe NVMe boot drives can slash annual failure rates by up to 99.7% by recovering from soft errors due to SEUs. Available in storage capacities from 60GB to 1.92TB, these drives are designed for applications requiring maximum uptime and are offered in commercial and industrial temperature grades.

Stratus Technologies, an SGH company (Nasdaq: SGH), has announced expanded Linux capabilities for its 12th generation ftServer platform. The update includes kernel-based virtual machine (KVM) support for Red Hat Enterprise Linux (RHEL), addressing market needs for flexibility in virtualization while maintaining fault-tolerant computing. This addition allows organizations to consolidate workloads onto a single platform, reducing costs and simplifying management.

The ftServer family now offers five-nines reliability or more when running multiple virtual machines, enabling OT and IT teams to run critical applications with minimal downtime. The platform includes proactive health monitoring and alerts users of potential issues via the Stratus ActiveService Network (ASN). The KVM support is available for ftServer models 2920, 4920, 6920, and 6910 running RHEL 8.8.