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

Penguin Solutions (Nasdaq: PENG) announces the availability of new Altus servers powered by AMD EPYC 9005 Series processors. The servers feature 192 core count and 12 channels of DDR5 memory, designed for high-performance computing (HPC) and AI workloads. The company offers air-cooled models Altus XE1312v2 and XE2312v2 immediately, with liquid-cooled XE2342v2 planned for 1H 2025. These servers support up to 6TB-24TB of DDR5 memory and multiple PCIe Gen5 slots, making them ideal for compute-intensive applications and mixed-use AI workloads.

Penguin Solutions (NASDAQ: PENG) announced a collaboration with Dell Technologies to deliver complete AI solutions through validated, high-performing AI infrastructure. The partnership combines Dell PowerEdge AI-optimized servers, PowerScale storage, and PowerSwitch data center switches with Penguin's OriginAI solutions and ClusterWare management software. The solution aims to simplify GPU cluster deployment while improving performance and availability.

Based on experience managing over 85,000 GPUs, the OriginAI infrastructure solution is being adopted by cloud service providers and enterprise customers across various sectors. The solution will be showcased at the Supercomputing 2024 conference in Atlanta.

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.